-
Change in forward guidance of Hungarian central bank suggests persistent tight monetary policy ahead
29 Jan 2025 07:59 GMT
… and the exchange rate changes. Policymakers added that the weaker forint has fed … real interest, essential for keeping Hungary';s forint stable.
The hawkish tone of … the central bank had little impact on Hungarian currency …
-
Hungary Embraces Hawkish Rate Guidance After Inflation Spike
28 Jan 2025 16:42 GMT
(Bloomberg) -- Hungary’s central bank adopted a … Bloomberg The National Bank of Hungary held its main interest rate … forint’s weakening over the past months has fueled inflation. The currency … , economists at OTP Bank Nyrt., Hungary’s largest lender, said on …
-
Grim predictions for Hungarian economy in 2025: inflation and EUR/HUF 420 exchange rate
27 Jan 2025 18:00 GMT
… ahead?
Forint exchange rate
As Forbes writes, the Hungarian economy … forint contributing to rising domestic prices, as 25% of the currency’s depreciation … activity in Germany, Hungary’s key export market … poised to influence Hungary’s economic trajectory …
-
Hungarian forint continues its freefall, faces two-year low against USD
13 Jan 2025 19:09 GMT
… on Monday, the Hungarian forint weakened further against the … economic challenges in Hungary are expected to persist … forint. Blochamps Capital forecasts that the EUR/HUF exchange … amplifying the social impact of currency depreciation.
Read also:
Featured …
-
From 377 to 416: How the Hungarian Forint’s decline defined 2024
06 Jan 2025 19:19 GMT
… forint increased significantly in October, exerting downward pressure on the exchange rate. Currency … all weakened the Hungarian currency. Export trends … role, as Hungary remains heavily dependent … the significant depreciation of the exchange rate, speculative …
-
Raids targeting anti-corruption chief rock Hungary's government
17 Jan 2025 14:26 GMT
… discredit his organisation
Police in Hungary have raided the offices of … car, racking up a 14m Hungarian forint (€34,000; £29,000) … of EU funds, with the Hungarian currency losing value and a sharp … 4.6% last month, the Hungarian economy is in trouble.
Critics …
-
Hungarian Inflation Surges, Breaching Central Bank Limits
17 Jan 2025 11:51 GMT
… on household budgets.
The Hungarian Central Statistical Office (HCSO) … spirits and tobacco. The depreciating forint also contributed, with consumer … was overshadowed by Hungary';s weaker-than- … the National Bank of Hungary';s tolerance band …
-
Will Hungary face a new wave of skyrocketing inflation in 2025?
14 Jan 2025 17:37 GMT
… inflation rate in Hungary has clearly … forint exchange rate has a tremendous impact on inflation. A quarterly depreciation … forint and tax hikes earlier this year.
Photo: Daily News Hungary … inflation situation in Hungary poses a significant challenge …
-
Will Hungary’s Unexpected Recession Scupper Orbán’s 2025 Growth Aspirations?
13 Jan 2025 14:20 GMT
… Fidesz (Hungarian Civic Alliance). And with Hungary now in … on growth. The Hungarian Central Statistical Office (KSH … Hungary’s export-oriented industry’s products. Most significant for the Hungarian … with a further depreciation of the forint), strong caution …
-
Will the long-awaited adoption of the euro in Hungary remain a dream?
13 Jan 2025 07:59 GMT
… inflation remained close to the Hungarian National Bank’s 3% target … economic policies suggest the forint will remain Hungary’s currency, delaying the potential … benefits of the euro in Hungary …