Tag: central_bank

« previous 20 articles 1 / 51  

What lies ahead of Hungary's cenbank and the forint? - 10 key questions

July 17, 2018, 5:09 pm
It has occurred for the first time in many years that the market is testing the commitment of the National Bank of Hungary (NBH) to its loose monetary policy stance, and the weakening of the forint has... 

Hungary conceives master plan to catch up with Austria

July 11, 2018, 4:31 pm
The Hungarian economy can be set on a more sustainable growth path if the cabinet achieves a turnaround in competitiveness and the central bank is now giving it help with a package of proposals. According... 

Hungary will be trapped without reforms, c.bank warns

July 10, 2018, 12:39 pm
The National Bank of Hungary (MNB) has tabled a package of proposals on Tuesday for the improvement of the country’s competitiveness. The cabinet may now see what the central bank believes the country... 

A new programme by 'Team Matolcsy': New Hungarian Development Plan

July 9, 2018, 4:51 pm
Hungary’s National Competitiveness Council will tackle sustainable convergence and the strategy of economic development at its meeting on Tuesday, the Finance Minister told state-owned newswire MTI... 

Hungary forint could be shaken by upcoming data release

July 9, 2018, 12:55 pm
Hungary’s inflation accelerated to 3.2% year on year in June 2018 from 2.8% in May, according to analysts polled by Portfolio. Although the main driver was fuel prices, the focus on local inflation... 

Hungary central bank sees systemic risk in problem project loans at CIB Bank

July 3, 2018, 3:56 pm
The National Bank of Hungary (MNB) reviewed, in the course of its regular revision in June 2018, the capital buffer rates required since last year to be maintained by two banks with a persistently high... 

Hungary central bank sees no need to restrain lending

July 2, 2018, 8:41 am
The National Bank of Hungary (MNB) has made a decision on the countercyclical capital buffer rate applicable from July 1, 2018. As the level of cyclical systemic risks is still moderate, the Financial... 

Hungary central bank has four scenarios for forint to rebound

June 29, 2018, 12:51 pm
Analysts and the market in general increasingly expect the National Bank of Hungary (MNB) to take measures to protect the Hungarian forint, which has sunk to an all-time low against the euro. The central... 

Few believe the forint will regain ground - ANALYSIS

June 28, 2018, 9:23 am
Analysts are reviewing their forecasts as the Hungarian forint keeps falling, and few now believe the trend will reverse before reaching 330 against the euro. What happened to the forint? Over the... 

Hungary central bank unworried about price stability

June 21, 2018, 3:41 pm
The National Bank of Hungary (MNB) has raised its inflation prognoses to 2.8% from 2.5% for 2018 and to 3.1% from 2.95 for 2019, shows the bank’s quarterly Report on Inflation published on Thursday.... 

Hungary cenbank action futile, forint hammered again

June 20, 2018, 2:01 pm
The appreciation of Hungary’s forint versus the euro fizzled out at around 322, so it seems the central bank was able to calm investors only temporarily. 20/06/2018 9:26am INSTANT VIEW - Hungary... 

INSTANT VIEW - Hungary c.bank applies more cautious rhetoric

June 20, 2018, 9:26 am
The National Bank of Hungary has left monetary conditions unchanged at its policy meeting on Tuesday, but it sent a strong message to markets to stem forint depreciation. Here’s how analysts assessed... 

Hungary cenbank holds policy meeting - Here's the decision!

June 19, 2018, 2:15 pm
In line with expectations, the Monetary Council of the Hungarian central bank (MNB) has kept its base rate (they still label benchmark) unchanged. As a result, the base rate remains 0.9% and the two ends... 

Hungary c.bank to think tightening for the first time in 6 yrs - HUF beware?

June 19, 2018, 11:09 am
The upcoming monthly policy meeting of the National Bank of Hungary (MNB) on Tuesday is likely to offer more thrills than any time over the last few years. This is the first time in the past six years... 

Fate of Hungary's forint in the hands of the central bank

June 18, 2018, 10:17 am
There will not be a whole lot of macroeconomic releases this week, but central banks should be kept in focus, nevertheless. For Hungary, it is naturally the MNB policy meeting that matters the most, but... 

Hungary cenbanker sees no reason now to deviate from dovish bias

June 14, 2018, 10:45 am
A member of the Hungarian central bank’s Monetary Council, Gyula Pleschinger, said on Thursday he saw no reason for now to deviate from a loose monetary policy bias. He has also acknowledged that... 

Hungary FX reserves up EUR 2 bn in May

June 7, 2018, 11:16 am
Hungary's foreign currency reserves rose by EUR 2.004 billion in May to EUR 25.172 billion, the highest level for the past two years, the National Bank of Hungary (MNB) said on its website on Thursday.... 

Panic in the world - Is Hungary's economic policy turning around?

May 30, 2018, 1:59 pm
There is no room in the budget for further stimulus, in these turbulent times Hungary needs more fiscal room, Finance Minister Mihály Varga told Bloomberg on Tuesday. His remarks show a major divergence... 

Forint eases, Hungarian cenbank does not react - What do analysts think?

May 23, 2018, 9:53 am
In line with the market consensus, the National Bank of Hungary (MNB) has left monetary conditions unchanged on Tuesday. The 3M depo rate remains at 0.9% (capped at HUF 75bn), while the O/N depo rate is... 

Hungary cenbank provides rationale for rate decision

May 22, 2018, 3:00 pm
“In the current volatile financial market environment, the fundamentals of the Hungarian economy continue to be stable. The country’s external debt has declined significantly, and its net lending... 
« previous 20 articles 1 / 51