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 Tuesday 07 October 2008
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FinMin Plans No Raise In Deposit Gurantee
"While European states announce one after another to offer increased or unlimited guarantee for bank deposits, Hungary has no plans for similar action. Finance Minister János Veres has said the deposits of Hungarian savers are not in danger, index.hu reported. more »

Banking Sector Is "Strong And Resilient"


Banking Sector Is
"Europe is less “contaminated" and so more shielded from the financial crisis than the United States, said Júlia Király, Deputy Governor of the Hungarian central bank (NBH). more »


Stocks To Head Higher


Stocks To Head Higher
"Following a 10% decline in the BUX index, fund managers have become much more upbeat about the short-term outlook on the bourse. Longer-term expectations should not disappoint those who want to see a rise in the index, but the ratio of fund managers forecasting extreme changes in the index has grown since the previous poll. more »


Forint Eases To 3.5-m Low To EUR


Forint Eases To 3.5-m Low To EUR
"Hungary's forint dropped sharply to a 3.5-month low against the euro shortly after market opening on Friday, amidst cloudy global investor sentiment and in tandem with the dollar's continued firming. more »


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