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MNB governor signs co-operation agreement with PBoC

Hungary can “especially” rely on Asian partners amid global uncertainty, Varga says

People’s Bank of China

Hungary and China’s central banks have signed an agreement to continue sharing knowledge on topics such as “green finance, combatting cyber fraud and ensuring financial stability”.

The agreement was signed yesterday (June 18) in Shanghai, where Mihály Varga, governor of the Central Bank of Hungary (MNB), was meeting his Chinese counterpart Pan Gongsheng.

Varga said that in the current uncertain global environment, his country needed its partners in Asia to help “strengthen stability”, as China was

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