"Proliferating risks have not changed analysts' expectations that the next rate cut in Hungary will come only in December. Portfolio.hu's poll, conducted today with the participation of 21 analysts, showed that a sweeping majority of the market expect the National Bank of Hungary (NBH) to leave the base rate on hold at 7.50% next Monday, and that the last policy meeting this year could produce a 25-bp monetary easing. more »

"Hungary's forint has eased markedly against the euro in morning trade on Wednesday amidst gloomy global investors mood. The HUF slipped to 257 to the EUR, which marks an over two-month low for the Hungarian currency. more »

"Hungarian sugar refinery Magyar Cukor Zrt. has announced on Tuesday that it would concentrate its local production to its Kaposvár plant, renounce one third of its sugar quota and at the end of the current season - if majority owner Agrana agrees - it will also wind up production at its plant in Petõháza. more »