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Tag: base_rate

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Minutes show three-way split in Hungary's Monetary Council

May 9, 2012, 2:11 pm
As 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... 

Hungary to drag out credit talks with IMF/EU as long as it can

May 7, 2012, 9:16 am
Hungary 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... 

Hungary c.bank keeps rates on hold, as expected

April 24, 2012, 2:00 pm
The 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... 

No rate cuts in Hungary until there's only waiting for an IMF credit deal - Portfolio.hu Poll

April 24, 2012, 8:00 am
Hungary’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... 

Hungary c.bank Deputy Governor supported rate hike in March - minutes

April 11, 2012, 2:05 pm
Five 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... 

No rate cut in Hungary until there is no IMF deal - rate-setters

April 4, 2012, 4:02 pm
The 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... 

Hungary c.bank can cut rates once risk perception is much better, risk premium drops - Karvalits

March 30, 2012, 10:46 am
Hungary’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... 

INSTANT VIEW - Hungary central bank leaves benchmark rate on hold at 7.00% (3)

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... 

Neither up nor down - Hungary c.bank keeps base rate on hold again

March 27, 2012, 2:00 pm
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 on hold since end-December 2011 and at... 

Hungary rate-setters say volatility continue to warrant cautiuos policy stance

February 28, 2012, 3:04 pm
At 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... 

INSTANT VIEW - Hungary central bank keeps rates on hold for 2nd month in a row (2)

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... 

Hungary c.bank to factor in stronger forint at next policy meeting - Karvalits

February 21, 2012, 9:59 am
The 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... 

Hungary c.bank should keep rates on hold until IMF deal - rate-setters

February 16, 2012, 11:01 am
The 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... 

New members of Hungary's Monetary Council veto rate hike in Jan (minutes)

February 15, 2012, 3:36 pm
Members 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... 

Hungary MPC sheds light on decision to hold rates - not

January 24, 2012, 3:55 pm
At 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... 

Hungary c.bank chief Simor says rate hike criticism by gov't "unacceptable"

December 20, 2011, 4:15 pm
Hungary’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... 

Hungary forint firms on monetary tightening

December 20, 2011, 2:29 pm
Hungary’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... 

INSTANT VIEW - Hungary central bank raises base rate 50 bps to 7.00% (3)

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... 

Hungary EcoMin slams c.bank for rate hike

December 20, 2011, 2:15 pm
The 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... 

Hungary c.bank tightens monetary conditions further, raises base rate to 7.00%

December 20, 2011, 2:00 pm
Following 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... 
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Latest news

11:38 | OECD lowers growth, budget deficit forecasts for Hungary

10:23 | Hungary aid negotiator designate Varga wants achievable conditions in IMF/EU credit deal (2)

09:48 | ANALYST VIEW - ING ups target price, keeps 'Sell' rating for Hungary's Richter

09:16 | Hungary EcoMin to appoint deputy state secretary Nátrán to lead Eximbank - paper

08:00 | Selling companies, in a recessive environment? (x)

16:51 | Hungary to buy 8,000 properties from non-paying FX mortgage borrowers in 2012

16:10 | Government measures exhaust Hungarian unit of KBC, K&H Bank Q1 profit plummets

14:18 | AAA Auto triples net profit in the first quarter of 2012

11:04 | Hungary plans no Eurobond issue before IMF/EU credit deal - ÁKK Dep.CEO

09:19 | Opel expects production boom, headcount increase in Hungary

08:35 | No more new taxes in Hungary - state secretary

16:51 | EBRD revises GDP estimate for Hungary upward, sees mild recession in 2012

16:27 | ANALYST VIEW - Hungary seeks to avoid IMF deal or at least loosen conditions - Citi

15:59 | ANALYST VIEW - Hungary commitment to seal IMF deal remains questionable - RBS

15:23 | "Negative buzz" around Hungary over new taxes

14:41 | Hungary Parliament nods on new telecom tax, Telenor to deflect levy on clients

13:38 | Hungarians will take half of their bank deposits abroad if transaction tax remains unchanged - Patai

13:27 | Hungary Magyar Telekom CEO buys 42,000 company shares

09:27 | Hungary PM wants to suspend party subsidising from state budget in 2013-14

09:01 | Hungary real wages drop 5.2% yr/yr in March (2)

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