News tagged with: currency

National Bank Governor Suggests North-South Dual Euro Exchange Rate

György Matolcsy, the governor of Hungary's central bank, has suggested in an op-ed that the euro area should have two...

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Hungarian Forint Hits 10 Month Record, Huge GDP Growth Expected

The Hungarian Forint reached a ten month record of 346 to the euro on Tuesday after its value suddenly began...

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Hungarian Press Roundup: Battered Forint Sinks 10% This Year

A left-wing commentator thinks the government has contributed to weakening the national currency, while a business analyst sees no hope...

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Jobbik Calls for Government Action to Strengthen Forint

Opposition Jobbik has called on the government to take action against an "appalling weakening" of the national currency and "help...

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Two Men Attempt to Disperse Counterfeit Euros “Worth” More than HUF 100 Million

The Somogy County Attorney General's Office initiated the arrest of two men in Budapest who were suspected of obtaining counterfeit...

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Socialists Urge Euro Adoption

Adopting the and thus "stabilising" the country's position in the European Union is "clearly" in Hungary's interest, opposition Socialist (MSZP)...

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Hungarian Police to Investigate Allegations on ‘External Attack’ Behind Drastic Forint Weakening

Zoltán Lomnici Jr., a legal expert of Pro-Fidesz economic research institute Századvég, told public television M1 earlier this week that "signs revealed...

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