Central Bank of Hungary
Hungary continues loosening as inflation falls towards 10%
MNB cuts base rate by 75 basis points
Hungary’s gamified CBDC pilot designed for children
Student Safe project is the first live retail CBDC pilot in Europe
ECB says Hungary has infringed central bank autonomy
Frankfurt says restrictions on bond buying interfere with monetary policy
People: BIS appoints deputy head of MED
Riksbank to shrink board; De La Rue chair resigns; Hungary appoints MPC members
The behind-the-scenes effort to convert Ukrainian refugee cash
How central and commercial banks worked to allow Ukrainians to exchange cash in wartime
Hungary’s Matolcsy calls economic situation “near-critical”
Governor blames government as inflation expected to be highest in EU
Hungarian government proposes change to central bank funding law
Move comes after MNB changes monetary policy framework amid foreign exchange turbulence
Hungary makes emergency intervention to defend forint
Action comes after the central bank said it would cease rate rises
Hungary raises interest rate to 11.75%
Central bank official cites inflation and dispute over rule of law
Hungarian central bank raises rates again amid EU dispute
MNB downplays role of weakening currency and says external factors are driving inflation
Hungary makes shock 185bp rate increase
Central bank responds to inflation and weak forint with largest increase since 2008
Hungary raises supplemental rate as currency hits record low
Central bank will make greater use of FX swaps as deputy governor says inflation will fall
Rates round-up: Canada adds 50bp to main rate
Kenya orders first rate increase since 2015; Dominican Republic hikes 100bp; and more
ECB opens €10 billion swap line with National Bank of Poland
Central bank extends repo lines with non-eurozone counterparts until January 2023
Hungary continues campaign of rate hikes
MNB ends asset purchase programme, as inflation rises above 7%
The matter of minutes: Why open up private deliberations?
Many central banks publish records of MPC meetings. Where should public scrutiny stop?
Hungary central bank widens rate corridor to create ‘room for manoeuvre’
“Asymmetrical” rate corridor designed to allow central bank to tighten policy quickly
CBDC issuance should not be rushed, say central bank experts
Officials at Singapore Fintech Festival warn central banks must be alert to risks of CBDCs
ESG reserves adoption challenged by reliance on sovereign bonds
Higher issuance of government-compliant bonds is insufficient to offer investable alternatives to central banks.
Poland raises policy rate by 75 basis points
National Bank cites high inflation, which it expects to linger through 2022
Hungarian central bank raises rates for third month running
MPC cautions inflationary pressures remain and forecasts return to target in mid-2022
The renminbi in focus: reserve managers see promise
Reserve managers see potential in the renminbi and expect the International Monetary Fund to increase its weighting at the next special drawing rights reassessment
Central Bank of Hungary adopts green monetary policy
Policy sees central bank launch green mortgage bond purchase programme
The evolution of the renminbi
Central Banking speaks to five policy-makers about their thoughts on the prominence of the renminbi within central bank reserves following its inclusion in the International Monetary Fund’s special drawing rights.