Central Bank of Hungary (MNB)
Eastern Europe counters currency attacks
Four eastern European central banks have made a coordinated effort to bolster their currencies, saying recent sharp depreciations fail to reflect economic fundamentals.
Hungary cuts on fears of "sharp downturn"
The National Bank of Hungary on Monday lowered rates for the third time since the start of December on signs of a more severe-than-expected economic slowdown.
Poland slashes on signs of sharp slowdown
The National Bank of Poland made its steepest cut since January 2001 on Tuesday and cautioned that the country's economy was set for a sharper-than-expected slowdown.
Hungary continues reversal of drastic hike
The National Bank of Hungary took another step towards reversing its 300 basis-point October hike on Monday, cutting its key rate by a half point.
Euro a solution for currency risk: Hungary's Simor
Euro adoption could help eliminate potentially dangerous currency mismatches, said Andras Simor, the governor of the National Bank of Hungary.
Forint's slide prompts drastic hike in Hungary
The National Bank of Hungary on Wednesday hiked rates by 300 basis points to 11.5% on Wednesday after the forint's slump against the euro intensified.
ECB to loan Hungary up to €5 billion
The European Central Bank (ECB) on Thursday granted the National Bank of Hungary a €5 billion ($6.8 billion) credit line following sharp declines in the forint and local stocks the day before.
Smaller MPCs rely more on staff views
The use of staff-policy recommendations by central banks' monetary policy committees is negatively related to the size of the rate-setting board, research published by the National Bank of Hungary finds.
We've got money to burn: Hungary
The National Bank of Hungary is offering bricks made up of its cancelled banknotes for charities to burn for fuel.
National Bank of Hungary - 2007 Annual Report
The National Bank of Hungary initiated several major changes in 2007 in order to enhance the quality and efficiency of the money supply.
Hungary surprises markets with rate hold
The National Bank of Hungary confounded expectations by opting to keep rates at 8.5%.
Inflation target appropriate: Hungary's Simor
Andras Simor, the governor of the National Bank of Hungary, has defended the central bank's 3% inflation target in the face of political opposition.
EBRD appoints Mirow as chief
Thomas Mirow, the state secretary of the German Finance Ministry, will replace Jean Lemierre as head of the European Bank for Reconstruction and Development, the development bank for most of Central and Eastern Europe.
Hungary raises rates by half a point
The National Bank of Hungary hiked rates by 50 basis points on Monday 31 March from 7.5% to 8%.
Hungary holds rates at 7.5%
The National Bank of Hungary's rate-setting council voted on Monday to keep its benchmark base rate at 7.5%.
Hungary holds rates on inflation fears
The National Bank of Hungary's rate-setting board voted on Monday to hold rates at 7.5% after the central bank's inflation report revealed inflation would decline more slowly than anticipated.
Hungary cuts rates, looks to abolish two coins
The National Bank of Hungary decided on Monday to lower its base rate by 25 basis points to 7.5% after announcing on Friday that it would withdraw its one and two forint coins.
National Bank of Hungary, ECB banknotes agreement
Agreement has been concluded between the ECB and the Magyar Nemzeti Bank (National Central Bank of Hungary) in the areas of prevention and detection of counterfeiting of euro banknotes, 28 July.
MNB vice president Auth warns against wage index
Inflationary pressures could build up in the Hungarian economy if next year's wage rises are linked to planned tax changes, warned the vice president of the national bank of Hungary Henrik Auth in an interview with Reuters.
Hungary's band shift was mistake says Gabor Oblath
Gabor Oblath, a nominee for membership on the Monetary Council of the central bank of Hungary, told a parliamentary hearing that the recent devaluation of the midpoint of the forint's trading band was a "grave mistake", according to Interfax.
National Bank of Hungary - Annual Report 2001
The National Bank of Hungary has published its Annual Report for the year ended 2001.
Hungary - C bank accused of discredited policies
Kossuth Radio in Budapest reported that members of the Hungarian Socialist Party have criticised the National Bank of Hungary, saying the monetary policies of the central bank have been discredited after the MNB only warned about the dangers of an…
Hungary's government, central bank in agreement
Hungarian prime minister Peter Medgyessy has stressed the importance of cooperation between the government and the central bank in guaranteeing that inflation targets are met, according to an Interfax report. Central bank governor Zsigmond Jarai said the…
MNB alters Hungary's inflation aim
The National Bank of Hungary (MNB) will miss its inflation target for this year because of increasing crude oil prices and domestic wages, MNB President Zsigmond Jarai announced Monday.