• 22 Nov 2024

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58 result(s) for weak forint in Finance

Central Bank Base Rate Remains Unchanged in Hungary at 6.50% - Here's Why

Central Bank Base Rate Remains Unchanged in Hungary at 6.50% - Here's Why

  • 19 Nov 2024 4:58 PM
  • finance
The Monetary Council of the National Bank of Hungary (NBH) decided to leave the central bank base rate unchanged at 6.50pc at a monthly policy meeting.
Over 400 Euro: Forint Slips Further

Over 400 Euro: Forint Slips Further

The forint weakened further on Thursday, after slipping past 400 to the euro on Wednesday.

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

The forint weakened at one point to 396.80 per euro yesterday, hitting a 12-month low not seen since March of last year.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
Opinion: Speculation About Hungary’s Economic Outlook

Opinion: Speculation About Hungary’s Economic Outlook

Left-wing and liberal analysts blame the government and the National Bank for the high price Hungarians are paying to regain the trust of the markets. A pro-government pundit is optimistic that Hungary can avoid recession – despite the global economic crisis.
Collateralised Loan Rate Raised by Hungary’s Central Bank

Collateralised Loan Rate Raised by Hungary’s Central Bank

Hungary’s central bank raised the rate for overnight collateralised loans by 950 basis points to 25% effective Friday, the monetary council said in a statement.
Hungarian Opinion: Forint Weakens Further Against the Euro & Dollar

Hungarian Opinion: Forint Weakens Further Against the Euro & Dollar

As year-on-year inflation hits 20,1 per cent in September, and 1 Euro trades at 429 HUF, an independent financial analyst wonders how and if the decline of the Forint can be halted.
Central Bank Base Rate Remains Unchanged in Hungary at 6.50% - Here's Why

Central Bank Base Rate Remains Unchanged in Hungary at 6.50% - Here's Why

  • 19 Nov 2024 4:58 PM
  • finance
The Monetary Council of the National Bank of Hungary (NBH) decided to leave the central bank base rate unchanged at 6.50pc at a monthly policy meeting.
Over 400 Euro: Forint Slips Further

Over 400 Euro: Forint Slips Further

The forint weakened further on Thursday, after slipping past 400 to the euro on Wednesday.

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

The forint weakened at one point to 396.80 per euro yesterday, hitting a 12-month low not seen since March of last year.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
Opinion: Speculation About Hungary’s Economic Outlook

Opinion: Speculation About Hungary’s Economic Outlook

Left-wing and liberal analysts blame the government and the National Bank for the high price Hungarians are paying to regain the trust of the markets. A pro-government pundit is optimistic that Hungary can avoid recession – despite the global economic crisis.
Collateralised Loan Rate Raised by Hungary’s Central Bank

Collateralised Loan Rate Raised by Hungary’s Central Bank

Hungary’s central bank raised the rate for overnight collateralised loans by 950 basis points to 25% effective Friday, the monetary council said in a statement.
Hungarian Opinion: Forint Weakens Further Against the Euro & Dollar

Hungarian Opinion: Forint Weakens Further Against the Euro & Dollar

As year-on-year inflation hits 20,1 per cent in September, and 1 Euro trades at 429 HUF, an independent financial analyst wonders how and if the decline of the Forint can be halted.