Central Bank’s Base Rate Cut Higher than Expected The Monetary Council of the Hungarian National Bank (MNB) cut the base rate by 75 basis points to 12.25 percent... 2023.10.25.
Central Bank Could Prepare for Cautious Cut in the Base Rate The Monetary Council of the Hungarian National Bank may cut the base rate for the first time in more than... 2023.10.24.
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.
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.
Costs of Personal Loans Peaking Interest rates on personal loans rose steadily last year, with the average annual interest rate calculated by the Central Bank... 2023.03.02.
On the Way to Recovery as Interest Rates Begin to Decrease In February, several major banks started to cut their lending rates, with some having lowered interest rates on home and... 2023.02.03.
End of Interest Rate Rise in Hungary, Other Tools on Way for Monetary Tightening On Tuesday, the Governor of the Hungarian National Bank announced that the bank's 16-month cycle of interest rate hikes, the... 2022.09.28.
London Analysts Expect Hungarian National Bank Base Rate to Peak above 10 Percent by Year’s End According to significantly revised forecasts by London-based financial analysts, the Hungarian National Bank (MNB) base rate is likely to peak... 2022.06.29.
Despite Approaching Deadline, Gov’t Has Yet to Decide on Fate of Price Caps The Orbán government believes that the several price caps introduced in Hungary have proven to be effective and had a... 2022.04.21.
Central Bank Keeps Base Rate on Hold Hungarian central bank (NBH) rate-setters kept the base rate on hold at 0.60 percent at a regular meeting on Tuesday,... 2020.12.15.
Hungary’s Central Bank Raises Interest Rate After All to Temper Inflation Despite the Monetary Council of the National Bank of Hungary keeping the base rate steady at 0.60% on Tuesday, the... 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.
0% Interest Rate for Green House Construction? National Bank Chief Matolcsy Shares New Idea 0% interest rate for ten years but only for the construction of green, sustainable homes- this is the governor of the... 2020.09.16.
Forint Recovering after Another Record Low On Thursday, the Hungarian forint hit an all-time low against the major currencies once again, with one Euro costing 337.28 HUF.... 2019.11.29.
Hungary’s New ‘Super Bond’ Remains Extremely Popular After its strong launch, the new governement bond called the Hungarian Government Security Plus (MÁP Plusz), remains extremely popular, economic news... 2019.06.25.
Hungarian Press Roundup: New Retail Bond Highly Popular A pro-government commentator describes the government’s new retail bond scheme as a huge success. A left-leaning analyst, on the other... 2019.06.14.
PMO Head Confirms First Phase of Expanded Family Support to Launch on July 1 The first five measures of the government's family protection action plan will enter into effect on July 1, the head... 2019.05.16.