49 result(s) for weaker 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.
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 ...
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...
Xpat Opinion: Never Ending Land Swap Story Of Sukoró
- 24 Apr 2012 9:00 AM
- property
In case you forgot what Sukoró is all about, it was a land swap involving Joav Blum, a Hungarian-Israeli businessman, and the Hungarian state. The details of the swap were handled by the Magyar Nemzeti Vagyonkezelő (MNV), a government office in charge of state properties.
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.
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.
Hungarian Currency Will Not Weaken Further, Optimism Rises
- 7 Jul 2010 1:00 AM
- business
"Fund managers taking part in Portfolio.hu’s monthly poll, are getting more optimistic in connection with the level of the Hungarian government securities yields’ future level. No fund manager forecasts a weaker than 285.3 forints/euro level in the next 12 months.
Hungary Forint Starts Off On Weaker Footing Over Mood Decay
- 14 May 2010 4:00 AM
- business
"Global investor sentiment has deteriorated somewhat since late Thursday, which nudged Hungary’s forint away from its over-one-week high versus the euro. The US dollar remains extremely strong to the EUR and is currently around its 12-m high. A number of key US macro data are in the pipeline for today that could have a marked impact on investor sentiment.
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.
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 ...
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...
Xpat Opinion: Never Ending Land Swap Story Of Sukoró
- 24 Apr 2012 9:00 AM
- property
In case you forgot what Sukoró is all about, it was a land swap involving Joav Blum, a Hungarian-Israeli businessman, and the Hungarian state. The details of the swap were handled by the Magyar Nemzeti Vagyonkezelő (MNV), a government office in charge of state properties.
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.
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.
Hungarian Currency Will Not Weaken Further, Optimism Rises
- 7 Jul 2010 1:00 AM
- business
"Fund managers taking part in Portfolio.hu’s monthly poll, are getting more optimistic in connection with the level of the Hungarian government securities yields’ future level. No fund manager forecasts a weaker than 285.3 forints/euro level in the next 12 months.
Hungary Forint Starts Off On Weaker Footing Over Mood Decay
- 14 May 2010 4:00 AM
- business
"Global investor sentiment has deteriorated somewhat since late Thursday, which nudged Hungary’s forint away from its over-one-week high versus the euro. The US dollar remains extremely strong to the EUR and is currently around its 12-m high. A number of key US macro data are in the pipeline for today that could have a marked impact on investor sentiment.