• 22 Nov 2024

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248 result(s) for weak forint

Hungarian Central Bank Raises Leading Rate to 5.35%

Hungarian Central Bank Raises Leading Rate to 5.35%

The MNB increased its one-week deposit facility, its leading interest rate, by 75 basis points to 5.35%, exceeding expectations.
Forint Recovers from Historic Low

Forint Recovers from Historic Low

The forint traded at 380.77 to the euro around 5.30pm on Wednesday, regaining some ground after hitting a new record low of 383 earlier in the day.
Hungarian Forint Recovers After Reaching New Historical Low

Hungarian Forint Recovers After Reaching New Historical Low

The forint traded at 370.49 to the euro around 5.30pm on Monday, recovering after slipping past 372.50 earlier in the day, hitting a new historical low.
Investors Dump Budapest Stock Exchange Shares, Forint Hits Record Low

Investors Dump Budapest Stock Exchange Shares, Forint Hits Record Low

The BUX index fell by almost 10% on Thursday, led by the 15% plunge in OTP shares, following Russia’s invasion of Ukraine.
Wage Growth Slows To 9.7% in December in Hungary

Wage Growth Slows To 9.7% in December in Hungary

Annual wage growth in Hungary slowed to 9.7% in December from 10.1 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Fidesz Lost Control Over Rising Food Prices, Say Hungarian Opposition Party DK

Fidesz Lost Control Over Rising Food Prices, Say Hungarian Opposition Party DK

Ruling Fidesz is resorting to “sham measures” to conceal the fact that it has lost control over the weak forint and increase in food prices, the opposition Democratic Coalition (DK) said, commenting on shops having to display signs showing that the government has frozen the price of seven food products for 90 days.
PM Orbán: 'Hungary Cannot Turn Back'

PM Orbán: 'Hungary Cannot Turn Back'

Referring to the election campaign, Prime Minister Viktor Orbán said in an interview with public broadcaster Kossuth Radio on Friday that “Hungary is going forward, not backwards”. “In 2010, Hungary was bankrupt; it had been ruined and bled dry,” he said.
Hungarians Want Euro More Than Most Non-Eurozone EU Countries

Hungarians Want Euro More Than Most Non-Eurozone EU Countries

  • 19 Jan 2022 8:00 AM
  • finance
Hungarians support the adoption of the euro more than citizens of most non-eurozone EU countries, according to a survey by Eurobarometer.
Hungarian Opposition Collects 170,000 Signatures for Referendum on Fudan, Jobseeker's Allowance

Hungarian Opposition Collects 170,000 Signatures for Referendum on Fudan, Jobseeker's Allowance

The referendum drive of the united opposition aimed at preventing a campus of Fudan University being built in Budapest and calling for an extended period of jobseekers’ allowance has garnered 170,000 signatures, the opposition parties said at a joint press conference on Friday.
Hungarian Central Bank Raises Leading Rate to 5.35%

Hungarian Central Bank Raises Leading Rate to 5.35%

The MNB increased its one-week deposit facility, its leading interest rate, by 75 basis points to 5.35%, exceeding expectations.
Forint Recovers from Historic Low

Forint Recovers from Historic Low

The forint traded at 380.77 to the euro around 5.30pm on Wednesday, regaining some ground after hitting a new record low of 383 earlier in the day.
Hungarian Forint Recovers After Reaching New Historical Low

Hungarian Forint Recovers After Reaching New Historical Low

The forint traded at 370.49 to the euro around 5.30pm on Monday, recovering after slipping past 372.50 earlier in the day, hitting a new historical low.
Investors Dump Budapest Stock Exchange Shares, Forint Hits Record Low

Investors Dump Budapest Stock Exchange Shares, Forint Hits Record Low

The BUX index fell by almost 10% on Thursday, led by the 15% plunge in OTP shares, following Russia’s invasion of Ukraine.
Wage Growth Slows To 9.7% in December in Hungary

Wage Growth Slows To 9.7% in December in Hungary

Annual wage growth in Hungary slowed to 9.7% in December from 10.1 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Fidesz Lost Control Over Rising Food Prices, Say Hungarian Opposition Party DK

Fidesz Lost Control Over Rising Food Prices, Say Hungarian Opposition Party DK

Ruling Fidesz is resorting to “sham measures” to conceal the fact that it has lost control over the weak forint and increase in food prices, the opposition Democratic Coalition (DK) said, commenting on shops having to display signs showing that the government has frozen the price of seven food products for 90 days.
PM Orbán: 'Hungary Cannot Turn Back'

PM Orbán: 'Hungary Cannot Turn Back'

Referring to the election campaign, Prime Minister Viktor Orbán said in an interview with public broadcaster Kossuth Radio on Friday that “Hungary is going forward, not backwards”. “In 2010, Hungary was bankrupt; it had been ruined and bled dry,” he said.
Hungarians Want Euro More Than Most Non-Eurozone EU Countries

Hungarians Want Euro More Than Most Non-Eurozone EU Countries

  • 19 Jan 2022 8:00 AM
  • finance
Hungarians support the adoption of the euro more than citizens of most non-eurozone EU countries, according to a survey by Eurobarometer.
Hungarian Opposition Collects 170,000 Signatures for Referendum on Fudan, Jobseeker's Allowance

Hungarian Opposition Collects 170,000 Signatures for Referendum on Fudan, Jobseeker's Allowance

The referendum drive of the united opposition aimed at preventing a campus of Fudan University being built in Budapest and calling for an extended period of jobseekers’ allowance has garnered 170,000 signatures, the opposition parties said at a joint press conference on Friday.