265 result(s) for weak forint
Hungary's State Debt Hits Record High
- 21 Mar 2013 8:02 AM
- current affairs
Hungary gross state debt rose to an all-time high of Ft 21.6 trillion last month, Ft 200 billion more than in November 2011 – when the previous record was set, according to data from the state debt manager ÁKK. The debt grew by Ft 468 billion in January and by Ft 442 billion last month.
Look At What’s Happening To Inflation In Hungary, By Ferenc Kumin
- 18 Mar 2013 8:00 AM
- business
Ferenc Kumin, Deputy State Secretary For International Communications In Hungary: You guessed it. Inflation in Hungary is dropping. Let’s take a quick look at what’s happening to the forint on the exchange market and on the inflation front.
'Minister Varga, Growth & Forint', By Ferenc Kumin
- 12 Mar 2013 8:00 AM
- current affairs
Ferenc Kumin is the Deputy State Secretary For International Communications In Hungary: Beginning this week, Hungary has a new minister of national economy: Mihaly Varga. Varga assumes the post after serving most recently as the minister without portfolio responsible for relations with international financial organizations. Previously, he was state secretary running the Prime Minister’s Office ...
Xpat Opinion: More Controversy Over The National Bank Chief In Hungary
- 8 Feb 2013 8:00 AM
- current affairs
A left-wing columnist suggests that the National Bank will surrender its independence after the appointment of its new president next month. A conservative pundit doubts that the National Bank has much room to stimulate growth through monetary policy as hoped for by the government.
Renewed Speculation Against The Hungarian Forint
- 18 Jan 2013 8:00 AM
- business
On Tuesday last week Nouriel Roubini, one of the world’s most influential financial analysts sent to clients the following investment recommendation in his regular newsletter: “Until Hungary signs a new deal with the IMF we recommend to short the forint." Thus he signalled that investors should bet on a weakening forint.
Xpat Opinion: Hungary's Forint Comes Under Pressure
- 18 Jan 2013 8:00 AM
- business
As the Forint weakens against the Euro, pundits wonder why international speculators are selling the Hungarian currency, and whether its slump is the result of the uncertainty related to the imminent choice of a new National Bank president, and of a possible quantitative easing program.
Xpat Opinion: A Bad Week For The Hungarian Forint &The Government
- 15 Jan 2013 8:00 AM
- current affairs
Commentators agree that the weakening of the Hungarian currency (HUF) was due to a statement by the Minister of the Economy. One cautions the PM against nominating him for the presidency of the National Bank. Other analysts think recent events have dealt several blows to the authority of the governing élite.In a sarcastic week-end front page editorial, Népszabadság takes it almost for granted ...
Hungary's Socialists Against Matolcsy At National Bank
- 14 Jan 2013 8:00 AM
- current affairs
The Socialist Party is urging Prime Minister Viktor Orbán to make a responsible decision and nominate an independent person recognised by the banking community rather than Economy Minister György Matolcsy for the post of central bank governor.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
Hungary's State Debt Hits Record High
- 21 Mar 2013 8:02 AM
- current affairs
Hungary gross state debt rose to an all-time high of Ft 21.6 trillion last month, Ft 200 billion more than in November 2011 – when the previous record was set, according to data from the state debt manager ÁKK. The debt grew by Ft 468 billion in January and by Ft 442 billion last month.
Look At What’s Happening To Inflation In Hungary, By Ferenc Kumin
- 18 Mar 2013 8:00 AM
- business
Ferenc Kumin, Deputy State Secretary For International Communications In Hungary: You guessed it. Inflation in Hungary is dropping. Let’s take a quick look at what’s happening to the forint on the exchange market and on the inflation front.
'Minister Varga, Growth & Forint', By Ferenc Kumin
- 12 Mar 2013 8:00 AM
- current affairs
Ferenc Kumin is the Deputy State Secretary For International Communications In Hungary: Beginning this week, Hungary has a new minister of national economy: Mihaly Varga. Varga assumes the post after serving most recently as the minister without portfolio responsible for relations with international financial organizations. Previously, he was state secretary running the Prime Minister’s Office ...
Xpat Opinion: More Controversy Over The National Bank Chief In Hungary
- 8 Feb 2013 8:00 AM
- current affairs
A left-wing columnist suggests that the National Bank will surrender its independence after the appointment of its new president next month. A conservative pundit doubts that the National Bank has much room to stimulate growth through monetary policy as hoped for by the government.
Renewed Speculation Against The Hungarian Forint
- 18 Jan 2013 8:00 AM
- business
On Tuesday last week Nouriel Roubini, one of the world’s most influential financial analysts sent to clients the following investment recommendation in his regular newsletter: “Until Hungary signs a new deal with the IMF we recommend to short the forint." Thus he signalled that investors should bet on a weakening forint.
Xpat Opinion: Hungary's Forint Comes Under Pressure
- 18 Jan 2013 8:00 AM
- business
As the Forint weakens against the Euro, pundits wonder why international speculators are selling the Hungarian currency, and whether its slump is the result of the uncertainty related to the imminent choice of a new National Bank president, and of a possible quantitative easing program.
Xpat Opinion: A Bad Week For The Hungarian Forint &The Government
- 15 Jan 2013 8:00 AM
- current affairs
Commentators agree that the weakening of the Hungarian currency (HUF) was due to a statement by the Minister of the Economy. One cautions the PM against nominating him for the presidency of the National Bank. Other analysts think recent events have dealt several blows to the authority of the governing élite.In a sarcastic week-end front page editorial, Népszabadság takes it almost for granted ...
Hungary's Socialists Against Matolcsy At National Bank
- 14 Jan 2013 8:00 AM
- current affairs
The Socialist Party is urging Prime Minister Viktor Orbán to make a responsible decision and nominate an independent person recognised by the banking community rather than Economy Minister György Matolcsy for the post of central bank governor.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...