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19/11/2024
Hungarian policy makers leave base rate on hold at 6.50pc
The Monetary Council of the National Bank of Hungary (NBH) decided to leave the central bank base rate unchanged at 6.50pc at a monthly policy meeting on Tuesday. #baserate #mnb #centralbank #finance #forint
19/11/2024
Business
19/11/2024
National Bank of Hungary introduces HUF 50,000 coin
The National Bank of Hungary is set to release a remarkable gold collector coin, ‘V. László aranyforintja’ (The Golden Florin of Ladislaus V), on 20 November 2024. #mnb #forint #money #limited #collector
19/11/2024
Society
16/11/2024
National Bank of Hungary issues a new forint coin – Here’s how it looks
The National Bank of Hungary celebrates 100 years of paediatric care with a stunning commemorative coin. #health #healthcare #forint #coin #HungarianNationalBank
16/11/2024
Society
12/11/2024
Forint’s freefall: The dollar and euro take a toll on Hungary’s economy
With the forint now at a two-year low against the dollar, touching 385.88 forints per dollar, questions arise about the future of Hungary’s currency. #dollar #usd #euro #eur #forint #huf #currency #money #economy
12/11/2024
Business
10/11/2024
Forint strengthened, but the EUR/HUF exchange rate may exceed 500 in 2025
After Donald Trump's victory the Hungarian forint started to fall and reached even 412/EUR, which was a 2-year maximum. Now, the exchange rate is better but experts believe the rate can rise above 500 in 2025. #hungarianforint #forint #hungarianeconomy #donaldtrump
10/11/2024
Business
06/11/2024
Trump’s victory threatens forint with collapse, Orbán cabinet happy and congratulates
The Hungarian forint is at a 2-year low against the American dollar following Donald Trump's decisive victory. All regional currencies are struggling becuse the strong dollar. Will the forint collapse while the Hungarian government is celebrating Trump's victory? #viktororban #donaldtrump #hungarianforint
06/11/2024
Politics
06/11/2024
U.S. presidential election pushes forint to 2-year low
How will the outcome of the U.S. presidential election affect the Hungarian currency? Find out below. #forint #US #election #currency
06/11/2024
Business
02/11/2024
Digital currency revolution: Hungary prepares for the future with a digital forint
The Hungarian Central Bank is exploring the potential of a digital forint for wide-scale use, currently in a test phase for youth aged 8–14 since March of last year. #digital #money #currency #forint
02/11/2024
Business
31/10/2024
Forint in uncontrolled decline, crossing multiple lows: when will it stop?
The Hungarian currency even reached the 409 level against the euro today. #forint #euro #money #currency
31/10/2024
Business
30/10/2024
No stopping: Hungarian forint hits another record low after weak GDP report
Today’s GDP report shocked investors, triggering a further plunge for the forint. #economy #forint
30/10/2024
Business
29/10/2024
Forint hits new low: Weakest since 2022 amid economic struggles
The Hungarian forint has plunged to its weakest rate against the euro since December 2022, sparking concern among economists. #forint #euro #dollar #economy #money
29/10/2024
Business
27/10/2024
Hungarian forint breaks currency exchange level, additional weakening on the horizon
An exchange rate level above 410/EUR is imaginable due to the external threats and the struggle of the Hungarian economy without EU funds or because of Trump's possible victory. #hungarianeconomy #hungarianforint #forint
27/10/2024
Business
25/10/2024
After historic lows, Hungary’s forint faces possible further decline with today’s S&P credit rating – UPDATED
Hungary's national currency is struggling and is highly volatile in response to external shocks. It appears though that a Harris administration could help strengthen it. However, the Orbán cabinet is placing all its bets on Trump. Will the forint's future be bleak? #forint #hungarianeconomy #trump #harris #orbancabinet #s&p
25/10/2024
Business
24/10/2024
Hungary’s minimum wage could realistically reach EUR 1,000 by 2028, says employment secretary
Wage targets are realistic if they're backed by economic growth. #economy #forint #money #wage
24/10/2024
News To Go
23/10/2024
Forint plummets to over 403 against euro, hitting 2-year low
On Wednesday afternoon, the Hungarian forint dropped to over 403 against the euro, marking its weakest level since September 2022. #forint #euro #currency #money
23/10/2024
Business
22/10/2024
Hungarian national bank’s latest decision strengthens the forint
The Hungarian currency reacted positively to the not-so-surprising decision. #forint #euro #economy
22/10/2024
Business
18/10/2024
Hungarian forint at 4-month low against USD, further weakening ahead?
The Hungarian forint is at a 4-month low against the American dollar: the exchange rate stands around 370/USD these days. The last time it was that high was in June. What can we expect? #forint #usd #currencyexchange #hungarianeconomy #hungariangovernment
18/10/2024
Business
09/10/2024
Good news from the Hungarian economy: National Bank prepared to protect the Forint, inflation likely to fall – UPDATED
The dilemma is as follows: a stronger forint or the long-sought economic growth. Which will the Orbán cabinet choose? #forint #hungarianeconomy #nationalbank #hungariangovernment
09/10/2024
Business
05/10/2024
Hungarian central bank launches new 200-forint coin alongside commemorative coins – PHOTOS
The National Bank of Hungary announced the release of new commemorative coins, including a redesigned version of the circulating 200-forint coin. #forint #coin #commemoration #centralbank #money
05/10/2024
Society
05/10/2024
Experts worried that PM Orbán’s brutal wage rise will bring inflation and a HUF 500/EUR exchange rate
PM Orbán talked about a shockingly quick wage rise in Hungary between 2025 and 2028, which can generate inflation and a significant forint fall. #orbán #forint #hungarianeconomy #wagerise
05/10/2024
Business
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World Science Forum in Budapest to highlight global cooperation in science, politics, and society
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PHOTOS: Hungarian luxury hotel rises among Europe’s best!
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