265 result(s) for weak forint
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.
Consumer Prices Rise 4% In June In Hungary
- 17 Aug 2010 3:00 AM
- shopping
"Annualised inflation slowed to 4% in July from the 5.3% increase in June, the Central Statistics Office announced. The month-on-month increase was 0.1%, while the average inflation for the first six months came in at 5.4%.
HUF Is Critical For Hungary’s Financial Stability
- 10 Aug 2010 2:02 AM
- business
"These are tough times for Hungarian banks, which have to deal with the new tax planned by the government while non-performing loans (NPLs) are already a burden, Societe Generale said in a research note on Tuesday. A cautious view on the forint is still warranted, it added.
Hungary Forint Firms Ahead Of Key Fed Meeting
- 10 Aug 2010 2:00 AM
- business
"Hungary’s forint firmed to 277.50 versus the euro in early Tuesday trading, hitting a nearly three-week high, then it eased some. Leading global stock futures indices are slightly down, while the US dollar has appreciated further to the euro due to position changes and a deterioration in investor sentiment ahead of a Fed rate meeting this evening - Tuesday, 10 August.
No Need To Panic! - Fund Managers On Hungary's Forint
- 5 Aug 2010 1:10 AM
- business
"A sweeping majority of fund managers polled by Portfolio.hu in its latest monthly survey project the forint to be closet to 283.70 versus the euro three months from now. The respondents, however, turned out to have grimmer views for the longer term (12 months) than a month ago, with 37% of projecting a 2% plus HUF depreciation.
Hungary Csányi Wishes IMF Showed Bigger Flexibility On 2011 Deficit Goal
- 21 Jul 2010 3:00 AM
- current affairs
"Sándor Csányi, Chairman-CEO of Hungary’s largest bank by assets, OTP, said the markets overreacted the early departure of the IMF/EU teams reviewing Hungary’s fiscal stance. He also urged the international lenders to show larger flexibility on next year’s deficit target, which was one of the issues Hungary was unable to agree on with the IMF/EU missions.
Hungary Forint Switches Into Higher Gear In The Afternoon
- 21 Jul 2010 2:00 AM
- business
"Hungary’s forint, which has dipped to a 14-month low versus the euro on Monday, appears to be stabilising versus the euro in early trade on Tuesday. EUR/HUF approached 292 yesterday but has returned to sub-290 levels by now.
Hungarian Népszabadság Hopeful Of A Turnaround
- 21 Jul 2010 1:00 AM
- business
"Népszabadság recorded a Ft 1 billion loss last year, but could generate a profit in the fourth quarter of this year, recently appointed chairman and CEO Attila Mihók told Napi Gazdaság in an interview.
Forint Eases To 12-m Low vs. EUR, Despite HUF-Supportive C.Bank Comments
- 20 Jul 2010 1:00 AM
- business
"The central bank’s (NBH) verbal intervention made no positive impact on Hungary’s forint. Moreover, the currency has eased to over 291 vs. the euro, the weakest level since June 2009.
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.
Consumer Prices Rise 4% In June In Hungary
- 17 Aug 2010 3:00 AM
- shopping
"Annualised inflation slowed to 4% in July from the 5.3% increase in June, the Central Statistics Office announced. The month-on-month increase was 0.1%, while the average inflation for the first six months came in at 5.4%.
HUF Is Critical For Hungary’s Financial Stability
- 10 Aug 2010 2:02 AM
- business
"These are tough times for Hungarian banks, which have to deal with the new tax planned by the government while non-performing loans (NPLs) are already a burden, Societe Generale said in a research note on Tuesday. A cautious view on the forint is still warranted, it added.
Hungary Forint Firms Ahead Of Key Fed Meeting
- 10 Aug 2010 2:00 AM
- business
"Hungary’s forint firmed to 277.50 versus the euro in early Tuesday trading, hitting a nearly three-week high, then it eased some. Leading global stock futures indices are slightly down, while the US dollar has appreciated further to the euro due to position changes and a deterioration in investor sentiment ahead of a Fed rate meeting this evening - Tuesday, 10 August.
No Need To Panic! - Fund Managers On Hungary's Forint
- 5 Aug 2010 1:10 AM
- business
"A sweeping majority of fund managers polled by Portfolio.hu in its latest monthly survey project the forint to be closet to 283.70 versus the euro three months from now. The respondents, however, turned out to have grimmer views for the longer term (12 months) than a month ago, with 37% of projecting a 2% plus HUF depreciation.
Hungary Csányi Wishes IMF Showed Bigger Flexibility On 2011 Deficit Goal
- 21 Jul 2010 3:00 AM
- current affairs
"Sándor Csányi, Chairman-CEO of Hungary’s largest bank by assets, OTP, said the markets overreacted the early departure of the IMF/EU teams reviewing Hungary’s fiscal stance. He also urged the international lenders to show larger flexibility on next year’s deficit target, which was one of the issues Hungary was unable to agree on with the IMF/EU missions.
Hungary Forint Switches Into Higher Gear In The Afternoon
- 21 Jul 2010 2:00 AM
- business
"Hungary’s forint, which has dipped to a 14-month low versus the euro on Monday, appears to be stabilising versus the euro in early trade on Tuesday. EUR/HUF approached 292 yesterday but has returned to sub-290 levels by now.
Hungarian Népszabadság Hopeful Of A Turnaround
- 21 Jul 2010 1:00 AM
- business
"Népszabadság recorded a Ft 1 billion loss last year, but could generate a profit in the fourth quarter of this year, recently appointed chairman and CEO Attila Mihók told Napi Gazdaság in an interview.
Forint Eases To 12-m Low vs. EUR, Despite HUF-Supportive C.Bank Comments
- 20 Jul 2010 1:00 AM
- business
"The central bank’s (NBH) verbal intervention made no positive impact on Hungary’s forint. Moreover, the currency has eased to over 291 vs. the euro, the weakest level since June 2009.