269 result(s) for weak forint
Slovak Shoppers Boost Retail Sector In Hungary
- 9 Jan 2012 8:10 AM
- shopping
"Slovaks can save 20% in euro terms if they buy food in Hungary, due to the weakening of the forint, according to analysts. This could bring in an additional Ft 100 billion to the Hungarian retail sector, said Retail Association president György Vámos.
Hungary Downgraded By Moody’s
- 8 Dec 2010 2:00 AM
- current affairs
Hungary’s sovereign credit rating on Monday was reduced to Baa3 from Baa1 by Moody’s Investors Service, according to Bloomberg. Baa3 is the lowest investment grade, and one step away from speculative, or “junk” category. The Hungarian Forint weakened after the announcement.
Hungary Does Not Aim To Get IMF Loan - Misunderstanding?
- 26 Aug 2010 2:00 AM
- business
"The negotiations with the IMF this autumn, mentioned in the recent announcement of the Ministry of Economy, are only the regular economy policy consultations the multilateral institution holds with all member states, the latest press release of the Hungarian Ministry of Economy emphasized. It is difficult to interpret the events of the past 20 hours.
Hungarian Currency Near All Times Low Against Swiss Franc
- 25 Aug 2010 2:00 AM
- business
"As a result of general pessimism on the international markets, the Swiss franc strengthened in several waves against the euro today. The negative data published in the US this afternoon, resulted in a record strong Swiss franc against the euro. This is bad news for those taking out Swiss franc denominated loans. One franc cost almost 218 forints.
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.
Slovak Shoppers Boost Retail Sector In Hungary
- 9 Jan 2012 8:10 AM
- shopping
"Slovaks can save 20% in euro terms if they buy food in Hungary, due to the weakening of the forint, according to analysts. This could bring in an additional Ft 100 billion to the Hungarian retail sector, said Retail Association president György Vámos.
Hungary Downgraded By Moody’s
- 8 Dec 2010 2:00 AM
- current affairs
Hungary’s sovereign credit rating on Monday was reduced to Baa3 from Baa1 by Moody’s Investors Service, according to Bloomberg. Baa3 is the lowest investment grade, and one step away from speculative, or “junk” category. The Hungarian Forint weakened after the announcement.
Hungary Does Not Aim To Get IMF Loan - Misunderstanding?
- 26 Aug 2010 2:00 AM
- business
"The negotiations with the IMF this autumn, mentioned in the recent announcement of the Ministry of Economy, are only the regular economy policy consultations the multilateral institution holds with all member states, the latest press release of the Hungarian Ministry of Economy emphasized. It is difficult to interpret the events of the past 20 hours.
Hungarian Currency Near All Times Low Against Swiss Franc
- 25 Aug 2010 2:00 AM
- business
"As a result of general pessimism on the international markets, the Swiss franc strengthened in several waves against the euro today. The negative data published in the US this afternoon, resulted in a record strong Swiss franc against the euro. This is bad news for those taking out Swiss franc denominated loans. One franc cost almost 218 forints.
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.