Forint Strenghtens As Hungary’s Central Bank Significantly Raises Base Rate Hungarian rate-setters raised the central bank base rate by 100 bp to 4.40 percent at a monthly policy meeting on... 2022.03.23.
Forint Continues to Strengthen after Historical Low The forint seems to be recovering from its historic low of 400 forints in the first week of March. The... 2022.03.16.
Márki-Zay: Choose Europe, Freedom and Growth Instead of East, Slavery and Deprivation In his speech on 15 March, Péter Márki-Zay, the opposition's candidate for prime minister, promised a Hungary that is committed... 2022.03.15.
Press Roundup: Weeklies on the War in Ukraine Two pro-government outlets devote their weekly editorials to the selfless assistance Hungarians are offering to Ukrainian refugees, while their opposition-leaning... 2022.03.14.
PM Candidate Márki-Zay Presents Opposition Alliance’s Election Program Hungary has a chance to "find its way back" to civic values and Europe at the April 3rd election; the... 2022.03.10.
Forint Recovers after Central Bank’s Intervention The National Bank of Hungary decided to raise the upper band of its interest rate corridor on Tuesday which had... 2022.03.09.
Opposition: Forint Weakening Caused by Govt Economic Policies The recent weakening of the forint has resulted from the government's "ill-advised, unconvincing economic policy", representatives of opposition parties said... 2022.03.09.
Why is the Devaluation of Hungary’s Forint Highest in CEE Region? Following Russia's invasion of Ukraine, Hungary's currency began its freefall- so much so that on Monday, there was a point... 2022.03.08.
Finance Minister: Forint “Victim of Brussels Sanctions” Hungary's currency has become a victim of Brussels's sanctions, which have caused substantial damage to the Hungarian economy, Finance Minister... 2022.03.07.
Opposition Blames PM Orbán for 400 Forint Euro As we have previously reported, the forint reached and then crossed the 400 euro mark. The Hungarian opposition reacted immediately... 2022.03.07.
Hungary’s Forint Sinks to New Historic Low The forint hit another historic low against major currencies in the interbank market on Monday morning. The Hungarian currency reached... 2022.03.07.
Despite National Bank’s Deposit Rate Hike, Hungary’s Forint Once Again Falls to Historic Low Despite delivering its biggest rate hike since 2008 on Thursday, the decision of Hungary's central bank was unable to keep... 2022.03.04.
National Bank Raises Deposit Rate to Halt Freefall of Hungary’s Forint The National Bank of Hungary (NBH) raised the rate for its one-week deposit facility by 75 bp to 5.35% ahead... 2022.03.03.
Despite Central Bank’s Promise of Intervention, Hungary’s Forint Continues Nose-Dive After Hungary's currency plunged to a record low against the euro on Monday, and then Tuesday, the freefall of the... 2022.03.02.
Central Bank Will Intervene to Ensure Stability of Financial Markets “if Necessary” The National Bank of Hungary (NBH) will use all elements of its toolkit to intervene to ensure the stability of... 2022.03.02.
Forint Value Plummets After Russia Invades Ukraine On Tuesday, the forint reached a historic low of HUF 379.70 to the Euro. The Hungarian forint already reached a... 2022.03.01.
Forint Weakening Led to Drastic Price Increase on Hungarian Car Market The weakening of the Hungarian forint (HUF) has led to unprecedented price increases on the Hungarian car market, even by... 2022.02.24.
DK: Fidesz Lost Control over Growing Food Prices Ruling Fidesz is resorting to "sham measures" to conceal the fact that it has lost control over the weak forint... 2022.01.28.
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.