MNB

Hungary’s central bank (NBH) is to lower its base rate by 50-50 basis points at its monthly policy meetings in November (next Monday) and December and deliver another 50-bp cut in the first half... 

After a sizeable contraction in 2009, GDP growth should progressively resume in 2010, and gather pace in 2011, on the back of a strengthening foreign demand and easing credit conditions. Unless the upcoming... 

A new proposal by Hungary’s central bank (NBH) to restrict FX - and eventually forint-based - lending would deepen recession in the country and keep about two thirds of the public from taking out... 

The Slovaks were not against reforms, which probably helped the country to become the second state in Central and Eastern Europe to gain euro zone membership on 1 January 2009, said Lajos Ódor, member... 

The National Bank of Hungary (NBH) caused quite a surprise on Monday when it decided to leave the base rate on hold at 8.50%, defying an unusually unified market call for a 25-bp hike. Since then, however... 

Hungary's Monetary Council member Gábor Oblath told Portfolio.hu in an interview that his first impression about the abandoning of the forint's trading band against the euro was that the move was successful.... 

While a full-scale management reshuffle was carried out at the Hungarian central bank, there were hardly any conflicts either at organisational or personal level, National Bank of Hungary (NBH) Governor...