Central Bank in Hungary Cuts Base Rate Again
22 May 2024Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.25% at a regular policy meeting. More >>
Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.25% at a regular policy meeting. More >>
A new Ft 100 coin will be released on May 16, in honour of the MNB’s centenary. The obverse depicts the MNB logo and a decorative motif inspired by a 1924 share certificate, with inscriptions commemorating 100 years of a stable monetary system.
More >>Hungary’s consumer price index in April was 3.7% higher than the same month a year earlier, the Central Statistical Office (KSH) said.
More >>Hungary’s cash-flow budget deficit was 2,597.5 billion forints (EUR 6.6bn) at the end of April, the finance ministry said on Thursday in a first release of data.
More >>Hungary’s government projects an economic growth rate of 2.5% for this year and 4.1% in 2025, a state secretary of the finance ministry said.
More >>The International Monetary Fund (IMF) forecasts the Hungarian economy returning to growth this year and taking its place in the vanguard of the EU’s growth performers next year, Mihály Varga, the finance minister, said on Tuesday, adding that the IMF prognosis echoes that of the latest European Commission projection.
More >>Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
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