Hungary’s central bank raises O/N, one-week collateralised loan rates by 95 bp to 1.85 pc

The Monetary Council of the National Bank of Hungary (NBH) decided to raise the rates for the central...

Forint at an all-time low as the country struggles with crisis

As emerging-market policymakers scramble to contain the economic fallout from the global pandemic,...

Forint strengthens from historic low after central bank tender announcement

The forint started strengthening after a historic low on Wednesday following the central bank's...

Coronavirus – Orbán: Budget needs radical restructuring

This year's central budget must be radically restructured in order to manage the crisis caused by the...

Policy makers keep base rate, O/N deposit rate on hold

Hungarian rate-setters kept the central bank base rate on hold at 0.90 percent and the O/N deposit rate...

Coronavirus – Hungary central bank: Loan repayments may not rise after moratorium

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national bank of Hungary -mnb nbh

Hungary’s central bank instructs banks on retail borrower repayment moratorium

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forint

Coronavirus – Hungarian currency hits record low against euro – UPDATE

The Hungarian forint has weakened to over 345 against the euro on Monday, hitting a new historical...

Coronavirus causes Hungary to call back billions in cash

The coronavirus has wreaked havoc on the world’s economy, with stock markets and commodities all...

Coronavirus: billions of paper money have been placed in quarantine

The National Bank of Hungary places billions of banknotes in closed containers for two weeks which is...