56 result(s) for monetary council in Business
Analysts See More Rate Hikes In Hungary In 2011
- 19 Dec 2010 6:00 AM
- business
"The National Bank (MNB) will keep the base rate unchanged at 5.5%, but raise them again before very long, according to analysts surveyed by Napi Gazdasag. Takarekbank’s Gergely Suppan said the MNB will wait until early 2011 to raise rates, which will come on the heels of higher inflation figures than expected in December and January.
Fidesz To Change Central Bank Act In Hungary
- 30 Nov 2010 12:00 AM
- business
"The government intends to amend the Central Bank Act, Hungarian media sources reported. Members of the monetary council will be elected by Parliament’s economic committee, Economy Minister Gyorgy Matolcsy announced.
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.
Hungary’s Last Summer Week Of Full Of Market Excitement
- 23 Aug 2010 2:00 AM
- business
"The coming week will see an abundance of macro data and business news expected to set market trends and give investors a direction. Real estate market stats stand out among high-impact US news, along with a Q2 report on economic performance in the United States. In Hungary, each day of the week will bring new excitement, starting with Monday’s interest rate decision.
Hungary Forint Switches Into Higher Gear In The Afternoon
- 21 Jul 2010 2:00 AM
- business
"Hungary’s forint, which has dipped to a 14-month low versus the euro on Monday, appears to be stabilising versus the euro in early trade on Tuesday. EUR/HUF approached 292 yesterday but has returned to sub-290 levels by now.
Hungary C.Bank Keeps Rates On Hold Despite Pressure On Local Assets
- 20 Jul 2010 3:00 AM
- business
"While some analysts believed the breakdown of talks between Hungary and an IMF/EU delegation may lead to a rate hike, the central bank’s (NBH) Monetary Council has on Monday decided to keep its base rate on hold at 5.25%, in line with the consensus forecast of analyst.
Forint Eases To 12-m Low vs. EUR, Despite HUF-Supportive C.Bank Comments
- 20 Jul 2010 1:00 AM
- business
"The central bank’s (NBH) verbal intervention made no positive impact on Hungary’s forint. Moreover, the currency has eased to over 291 vs. the euro, the weakest level since June 2009.
ECB Warns Hungarian Gov’t Against Cutting MNB Salaries
- 14 Jul 2010 2:00 AM
- business
"The European Central Bank (ECB) has told the Hungarian government that draft legislation on the salaries of senior National Bank (MNB) officials “should be amended to comply with the principle of central bank independence” and that the MNB should be involved in the drafting process.
Hungarian Forint Stable As Czech Koruna Gathers Speed
- 6 Jul 2010 2:00 AM
- business
"Monday witnessed minor fluctuations in the exchange rate of the Hungarian forint vs. major currencies, without a clear trend or direction. The lack of interesting developments reflects tranquillity in global markets as US markets remained closed for the day. Meanwhile the Czech koruna, typically the most stable of CEE currencies, has gained over 0.5%.
Analysts See More Rate Hikes In Hungary In 2011
- 19 Dec 2010 6:00 AM
- business
"The National Bank (MNB) will keep the base rate unchanged at 5.5%, but raise them again before very long, according to analysts surveyed by Napi Gazdasag. Takarekbank’s Gergely Suppan said the MNB will wait until early 2011 to raise rates, which will come on the heels of higher inflation figures than expected in December and January.
Fidesz To Change Central Bank Act In Hungary
- 30 Nov 2010 12:00 AM
- business
"The government intends to amend the Central Bank Act, Hungarian media sources reported. Members of the monetary council will be elected by Parliament’s economic committee, Economy Minister Gyorgy Matolcsy announced.
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.
Hungary’s Last Summer Week Of Full Of Market Excitement
- 23 Aug 2010 2:00 AM
- business
"The coming week will see an abundance of macro data and business news expected to set market trends and give investors a direction. Real estate market stats stand out among high-impact US news, along with a Q2 report on economic performance in the United States. In Hungary, each day of the week will bring new excitement, starting with Monday’s interest rate decision.
Hungary Forint Switches Into Higher Gear In The Afternoon
- 21 Jul 2010 2:00 AM
- business
"Hungary’s forint, which has dipped to a 14-month low versus the euro on Monday, appears to be stabilising versus the euro in early trade on Tuesday. EUR/HUF approached 292 yesterday but has returned to sub-290 levels by now.
Hungary C.Bank Keeps Rates On Hold Despite Pressure On Local Assets
- 20 Jul 2010 3:00 AM
- business
"While some analysts believed the breakdown of talks between Hungary and an IMF/EU delegation may lead to a rate hike, the central bank’s (NBH) Monetary Council has on Monday decided to keep its base rate on hold at 5.25%, in line with the consensus forecast of analyst.
Forint Eases To 12-m Low vs. EUR, Despite HUF-Supportive C.Bank Comments
- 20 Jul 2010 1:00 AM
- business
"The central bank’s (NBH) verbal intervention made no positive impact on Hungary’s forint. Moreover, the currency has eased to over 291 vs. the euro, the weakest level since June 2009.
ECB Warns Hungarian Gov’t Against Cutting MNB Salaries
- 14 Jul 2010 2:00 AM
- business
"The European Central Bank (ECB) has told the Hungarian government that draft legislation on the salaries of senior National Bank (MNB) officials “should be amended to comply with the principle of central bank independence” and that the MNB should be involved in the drafting process.
Hungarian Forint Stable As Czech Koruna Gathers Speed
- 6 Jul 2010 2:00 AM
- business
"Monday witnessed minor fluctuations in the exchange rate of the Hungarian forint vs. major currencies, without a clear trend or direction. The lack of interesting developments reflects tranquillity in global markets as US markets remained closed for the day. Meanwhile the Czech koruna, typically the most stable of CEE currencies, has gained over 0.5%.