Hungarian Forint Manages to Stabilize after Inflationary Pressures The Hungarian Central Bank (MNB) successfully combatted the rising inflation level by raising interest rates, allowing the country's national currency,... 2022.01.07.
Why Does the Exchange Rate of Hungarian Forint Keep Slipping? In recent days, the forint has repeatedly set negative records against the euro, inching further and further towards the long-feared... 2021.11.25.
Forint Continues Downfall, Weakening to Yet Another Historic Low After breaking an all-time low on Monday, the Hungarian currency continued its downfall on Tuesday, reaching a new historic low... 2021.11.23.
Finance Minister on High Inflation: Fiscal Policy’s Effect “Only Mild” Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild... 2021.11.23.
Forint Hits New Historic Low against the Euro The weakening of the forint began last week and has continued on Monday, with the Hungarian currency quickly falling to... 2021.11.22.
Rate-setters Point to Persistence of Upside Risks Surrounding Inflation Outlook Hungarian central bank (NBH) policymakers have warned of the risks associated with persistent inflation and agreed that the tightening cycle... 2021.10.07.
PMO Head Gulyás: EC ‘Endangering EU’ by Stepping Beyond its Jurisdiction The European Commission cannot afford to involve itself in partisan politics, as this would eventually tear the European Union apart,... 2021.08.06.
Press Roundup: Matolcsy Cautions Against Rushed Introduction of Euro A left-wing commentator disagrees with the National Bank governor, who does not consider as timely the adoption of the common... 2021.08.06.
Finance Minister: Hungary’s High Inflation Rate ‘Temporary’ Hungary's current high level of inflation is temporary and, as long as the central bank makes full use of the... 2021.08.03.
Matolcsy: Crisis Can Be Managed Better with Forint than Euro The National Bank of Hungary observes Hungary's 2004 commitment to introduce the European currency, but such a move should only... 2021.08.02.
Central Bank Once Again Raises Base Rate to Deter Highest EU Inflation from Further Increase The Monetary Council of the National Bank of Hungary (NBH) decided for the second time in just over a month... 2021.07.28.
Párbeszéd: Government at Root of Weak Forint, High Inflation The Hungarian government and central bank governor György Matolcsy have failed to improve the competitiveness of Hungarian companies and have... 2021.07.25.
Fuel Prices at Historic Heights in Hungary Following the latest hike on Wednesday, fuel prices have reached a historical height in Hungary. 95 petrol now costs as... 2021.07.14.
“The Euro Trap” – National Bank Head Matolcsy Campaigns for National Currency The head of the Hungarian National Bank, György Matolcsy, has recently published an article in pro-government daily Magyar Nemzet. The... 2021.06.29.
Forint Strengthens After Central Bank Raises Base Rate to Battle Inflation Hike The central bank will have to further raise the base rate in the near future if it wants to reach... 2021.06.23.
DK: Stable, Strong Forint Needed The opposition Democratic Coalition (DK) will work swiftly to ensure a stable and strong Hungarian currency should it be elected... 2021.06.10.
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... 2021.06.02.
Hungary to Commemorate CoE Presidency with Coin, Postal Stamp Hungary's Council of Europe presidency will be commemorated with a collector coin and postal stamp, a government official said on... 2021.05.23.
As Forint Weakens, Central Bank Profits Rise In the first half of the year, the National Bank of Hungary posted profits of HUF 217.2 billion, four times... 2020.10.06.
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... 2020.09.25.
Forint Falls Further as Hungary’s Central Bank Holds Interest Rates Steady In line with analysts’ expectations, the Monetary Council of the Central Bank of Hungary decided to keep the base interest... 2020.09.23.
