May 15, 2012, 12:21 pmIn a speech made at a conference organised by the State Audit Office on Tuesday, the Governor of Hungary’s central bank (NBH), András Simor, said that in the Bank’s technical projection assuming...
May 14, 2012, 9:23 amFerenc Karvalits, Deputy Governor of Hungary’s central bank (NBH) said the government’s aid talks with the IMF is an important factor for monetary policy, but by far not the only one. He said...
May 9, 2012, 8:56 amHungary's central bank (NBH) could start carefully reducing interest rates after the government begins talks with international lenders on a new loan to stabilise the country's indebted economy, two policy...
May 7, 2012, 10:02 amAfter decreasing for three consecutive months Hungary’s international reserves grew again in April, the central bank (NBH) has announced on Monday. According to the preliminary figures, Hungary’s...
April 26, 2012, 12:44 pmThe Monetary Council of Hungary’s central bank (NBH) says the risk of a severe credit crunch, mainly in the corporate segment, has increased recently, given the weakening in the banking sector’s...
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 19, 2012, 11:56 amAmendments of Hungary’s central bank bill submitted to Parliament on Tuesday may risk the freeze in loan aid negotiations, Citi said in a research note on Thursday. Last week the European Central...
April 12, 2012, 5:25 pmThe European Central Bank (ECB) has on Thursday disclosed its opinion on the latest amendments to Hungary’s Central Bank Act. Economy Minister György Matolcsy’s sent a letter to ECB President...
April 12, 2012, 9:09 amHungary’s March inflation data, which was published on Wednesday, were in line with the central bank (NBH) staff’s projection, said András Simor, Governor of the NBH, at a conference on Wednesday....
April 6, 2012, 1:36 pmHungary’s international reserves decreased by EUR 128 million to EUR 34.642 billion by the end of March, according to preliminary figures published by the central bank (NBH) on Friday. This is the...
April 3, 2012, 4:08 pmThe National Bank of Hungary (NBH) has accepted HUF 56 billion worth of bids in its first tender of two-year collaterised loans. The low take up is no surprise, although interest was even smaller than...
April 3, 2012, 2:47 pmThe Hungarian government does not wish to expand the central bank’s (NBH) Monetary Council and appoint a third Deputy Governor while the current Governor, András Simor, leads the Bank, the cabinet...
April 2, 2012, 4:56 pmHungary’s commercial banks are expeced to bid for HUF 50-100 billion worth of the central bank’s (NBH) new two-year loan facility at the Bank’s first such tender on Tuesday, economists...
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 30, 2012, 9:11 am(Adds details, charts) Hungary’s net external financing capacity (i.e. the combined surplus on its current and capital accounts) amounted to EUR 835 million (HUF 254 billion) in the fourth quarter...
March 29, 2012, 10:39 amThe National Bank of Hungary (NBH) has on Thursday published the March 2012 issue of its Quarterly Report on Inflation. The projection is for inflation to be significantly above the Bank’s inflation...
March 28, 2012, 12:38 pmThe Hungarian cabinet “knows very well" what conditions it should need to meet to start formal credit negotiations with the International Monetary Fund (IMF). “The ball is in the government’s...
March 28, 2012, 11:25 amThe National Bank of Hungary (NBH) continues to object to the amendments made by the government to the Central Bank Act, including the expansion of the Monetary Council and the appointment of a new Deputy...
March 27, 2012, 3:12 pm(Adds chats, analyst comment) The National Bank of Hungary (NBH) has raised its projection for annual average inflation in 2012 to 5.6% from 5.0% forecast last December. In the quarterly Report on Inflation...