Tag: reserves

(Adds portfolio.hu viewpoint, chart) Hungary will need to stuff the massive holes where money is gushing out of the country, said Economy Minister György Matolcsy in an article published in local weekly... 

The weekly euro sale tenders launched by the National Bank of Hungary (NBH) on 3 October 2011 to cover the FX need of commercial banks related to the early repayment of FX mortgages ended on 27 February.... 

(Adds c.bank explanation) Hungary’s international reserves grew by EUR 2 billion to EUR 37.77 billion in December 2011, the central bank (NBH) has reported on Friday. The increase stems mainly from... 

Hungary’s government wants to tap into the central bank’s (NBH) foreign currency reserves to repay HUF 187 billion municipal debt and foster the economy by a capital injection, sources close... 

The Hungarian Parliament's Economic Committee submitted its final proposed modifications to the 2012 Budget Act on Monday, a few hours before the vote. The amendments are designed to mend a HUF 320 billion... 

The National Bank of Hungary (NBH) has on Thursday welcomed the agreement reached between the government and the Banking Association, but it said that it will only make its foreign currency reserves available... 

(Adds c.bank reaction, chart, Portfolio.hu viewpoint) Hungary’s international reserves dropped by 1.1 billion euros to EUR 35.77 billion by the end of November, the central bank (NBH) has reported... 

International reserves at the National Bank of Hungary (NBH) decreased by 2 million euros to EUR 36.87 billion in October, according to preliminary figures released by the central bank on Monday. Half... 

International reserves at the National Bank of Hungary (NBH) grew to EUR 38.76 billion in September from EUR 37.55 bn at end-August, the central bank reported its preliminary figures on Friday. The...