May 9, 2012, 2:11 pmAs the Governor of Hungary’s central bank (NBH) revealed on 24 April, one member of the Monetary Council voted to raise the 7.00% base rate by 25 basis points (Deputy Governor Júlia Király) and one...
May 7, 2012, 9:16 amHungary will need to overcome several obstacles during the talks with international lenders on a financial assistance package so the green light given by Brussels to start the negotiations “does...
April 24, 2012, 2:00 pmThe rate-setting body of Hungary’s central bank (NBH) has decided on Tuesday for the fourth consecutive month to keep the key policy rate unchanged at 7.00%. This has not surprised anyone on the...
April 24, 2012, 8:00 amHungary’s central bank will leave its key policy rate unchanged at 7.00% on Tuesday, according to analysts’ consensus estimate in a Portfolio.hu poll. They say the Monetary Council has no reason...
April 11, 2012, 2:05 pmFive members of the Hungarian central bank’s (NBH) Monetary Council voted on 27 March to keep the base rate on hold at 7.00%, while Deputy Governor Júlia Király proposed to raise the key policy rate...
April 4, 2012, 4:02 pmThe Monetary Council of Hungary’s central bank (NBH) will not be able to lower its benchmark interest rate, the highest in the European Union, until the country secures financial backing from the...
March 30, 2012, 10:46 amHungary’s central bank (NBH) sees no room to lower its key policy rate, the highest in the European Union, until risk perceptions improve, NBH Deputy Governor, Ferenc Karvalits, told Dow Jones in...
March 27, 2012, 2:24 pm(Adds comment by Erste, Citi, Raiffeisen) The Monetary Council of Hungary’s central bank (NBH) has left the base rate unchanged at its monthly policy meeting on Tuesday. The benchmark rate has been...
March 27, 2012, 2:00 pmThe Monetary Council of Hungary’s central bank (NBH) has left the base rate unchanged at its monthly policy meeting on Tuesday. The benchmark rate has been on hold since end-December 2011 and at...
February 28, 2012, 3:04 pmAt its meeting on 28 February, the Monetary Council of Hungary’s central bank (NBH) has reviewed the latest economic and financial developments and voted to leave the central bank base rate unchanged...
February 28, 2012, 2:26 pm(Extends comment by Erste, adds comment by Citi, Goldman Sachs, RBS) Hungary’s central bank (NBH) has on Tuesday left its key policy rate unchanged at 7.00%. The rate call is the same as in January...
February 21, 2012, 9:59 amThe National Bank of Hungary (NBH) will have to be "mindful" of gains in the forint and easing market tensions when it decides on rates this month, Deputy Governor Ferenc Karvalits told Reuters in an interview...
February 16, 2012, 11:01 amThe National Bank of Hungary (NBH) should adopt a “wait-and-see" approach on rates until the government agrees on an International Monetary Fund (IMF) bailout, which may allow rate cuts, policy makers...
February 15, 2012, 3:36 pmMembers of the Hungarian central bank’s (NBH) Monetary Council voted 4:3 to keep the base rate unchanged at 7.00% in January, the minutes of that meeting showed on Wednesday. NBH Governor András...
January 24, 2012, 3:55 pmAt its meeting on 24 January, the Monetary Council of Hungary’s central bank (NBH) reviewed the latest economic and financial developments and voted to leave the central bank base rate unchanged...
December 20, 2011, 4:15 pmHungary’s central bank (NBH) raised its base rate by 50 basis points to 7.00% today. The Economy Ministry was lightning quick to issue a statement that criticised the bank for its move, saying higher...
December 20, 2011, 2:29 pmHungary’s forint has started to appreciate markedly on Tuesday before 11:00 CET and it continued to gain after the central bank (NBH) announced at 14:00 CET that its Monetary Council raised the benchmark...
December 20, 2011, 2:23 pm(Adds comment by Nomura on page2) The National Bank of Hungary (NBH) has on Tuesday raised its benchmark interest rate to 7.00% from 6.50%, as widely expected. The key focus in Hungarian news is last...
December 20, 2011, 2:15 pmThe 50-basis-point rate hike by the central bank (NBH) hinders economic growth and is contrary to the processes currently in progress in European Union member states, the National Economy Ministry slammed...
December 20, 2011, 2:00 pmFollowing a 50-basis-point rate hike in November, the Monetary Council of Hungary’s central bank (NBH) has decided on Tuesday to raise its key policy rate further by 50 bps to 7.00%. The move is...