Forint Strengthens but Still More Vulnerable than Regional Currencies The Hungarian forint strengthened against the major currencies in international foreign exchange trading on Tuesday morning compared to the previous... 2023.10.24.
Foreign Trade Figures Show Significant Improvement Compared to Last Year Hungary's external trade balance continues to improve, with the value of exports in euro terms 1.5 percent lower in August... 2023.10.10.
It Is Too Early to Talk about Joining the Euro Zone, Says Finance Minister Speaking at the Tranzit Festival in Tihany on Saturday, during a discussion on the consequences of giving up the national... 2023.08.28.
Weakening of the Forint Results in Rise in Petrol Prices The last few weeks have been characterized by a steady rise in petrol prices, with no end in sight to... 2023.08.08.
Hungarian Currency, the Forint, Is 77 Years Old Today Hungary experienced the largest inflation in world history after World War II, when the currency, the pengo, lost all its... 2023.08.01.
The Year of the Forint The forint has continued to strengthen in the second quarter of 2023. In the first half of the year the... 2023.07.03.
Hungarian Currency and Stock Market Start the New Year Strong In 2022, the forint reached unprecedented lows, having risen steadily above 400 against the euro. This year might bring some... 2023.01.06.
Slovaks Patients Forced to Buy Their Medicine in Hungary Because of a huge shortage of medicines in Slovakia, some people try pharmacies in Austria and Hungary, reported the news... 2022.12.12.
Average Gross Wage in Hungary HUF 497.000 in August In August, average gross earnings of full-time employees were HUF 497,200 (EUR 1207), or HUF 507,000 (EUR 1231) excluding public... 2022.10.25.
Euro-zone Shoppers the Only Winners in the Brussels-Budapest Dispute Hungary used to protect its markets from shopping-tourism during the days of communism by introducing strict border-controls both South and... 2022.10.14.
Hungarian Forint Strengthens after Central Bank Base Rate Hike Hungarian rate-setters raised the central bank's base rate by 200 basis points, to 9.75 percent, at an extraordinary meeting on... 2022.07.13.
Government Adopts EC’s Position Regarding Transfer of EU Recovery Funds The foundations of the Hungarian economy are "stable and strong" despite "difficulties reflected by the markets or the forint rate,"... 2022.07.08.
Hungarian National Bank to Raise Base Rate Next Week, Forint Strengthened on Thursday The rapid convergence of the base rate and the one-week deposit rate will be on the agenda at the next... 2022.07.08.
Hungary’s National Currency Weakens to Historic Low The forint plunged to a new historic low against major currencies on Wednesday, trading past 416 versus the euro. Meanwhile,... 2022.07.07.
Forint Plunges as PM Orbán Turns to Windfall Taxes against Banks, Large Companies The forint plunged sharply after Viktor Orbán's Wednesday announcement regarding the government's plan to introduce windfall taxes on banks and... 2022.05.26.
Hungary Records Exceptional Q1 GDP Growth but Storm Clouds Already Gathering Hungary's GDP grew by an annual 8.2% in the first quarter of the year, more than most would have expected,... 2022.05.17.
Shopping Tourism in Hungary Booming due to Weak Forint and Low Fuel Prices News site rtl.hu has put together a detailed compilation on the topic of "shopping tourism" in Hungary. Of course, this... 2022.05.12.
DK Calls on Govt, Cbank to ‘Take Responsibility for Rising Food Price’ At a time when basic necessities are luxuries for some Hungarians, the government has to take responsibility for the rise... 2022.05.11.
Rule of Law Mechanism: Hungarian Stock Market Plunges, Forint Weakens As we reported earlier, the European Commission announced on Tuesday that it is launching the rule of law procedure against... 2022.04.06.
Orbán’s Election Victory Significantly Raises Share Prices of Fidesz-linked Companies Following Sunday's general election in which Fidesz won a fourth successive supermajority, the forint started a slight strengthening against the... 2022.04.04.
The Greatest Economic Challenges of the Fifth Orbán Government Now that Viktor Orbán’s Fidesz-KDNP alliance has been elected for the fourth time in a row, the question arises of... 2022.04.04.
