Hungary
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%.
Former Hungarian governor joins race for EBRD job
Budapest has nominated Gyorgy Suranyi, a former governor of the National Bank of Hungary, to succeed Jean Lemierre as president of the European Bank for Reconstruction and Development (EBRD).
Hungary abandons euro peg
The Hungarian authorities have abandoned the forint's peg to the euro and moved to a floating exchange rate in a bid to lower inflation and speed up euro-accession.
Euro expectations stabilise currencies
Relatively stable market expectations for euro-locking rates have fixed the exchange rates of three central European currencies, research published by the National Bank of Hungary finds.
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 was split on October rate hold
The Central Bank of Hungary's rate-setting board was evenly split on whether to hold or cut rates on 29 October, minutes out on Friday show.
Hungary holds rates at 7.5%
The National Bank of Hungary's rate-setting board voted on Monday to keep its benchmark central bank base rate at 7.5%.
Poland set to join ERM II in 2009, says Skrzypek
Slawomir Skrzypek, the governor of the National Bank of Poland, said the country looked likely to join the pre-euro exchange rate mechanism, ERM II, in 2009.
World Bank to invest $5 billion in bonds for poor
The World Bank will set up a $5 billion fund to invest in bonds denominated in currencies of poor nations.
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.
Hungary maintains base rate
The National Bank of Hungary held the base rate at 7.75% on Monday 27 August.
Hungary keeps rates on hold - as expected
As expected by analysts the National Bank of Hungary, the country's central bank, kept its policy rate unchanged today at 7.75% after its monthly review of interest rates.
Hungary's Simor questions Maastricht criteria
Andras Simor, the president of Hungary's central bank, told reporters in Bucharest on 17 July that the Maastricht criteria for the adoption of the euro "might not be as appropriate for emerging countries as for the more developed ones."
"Whitening effect" changes Hungary's thinking
In a surprise move the National Bank of Hungary cut its benchmark interest rate on 25 June. Rates remain the highest in the European Union, despite the 25 basis point cut which took them to 7.75%. It was the first rate change in Hungary since October…
National Bank of Hungary - Annual Report 2006
"In terms of inflation, 2006 was an unfavourable year," is the ominous opening to the National Bank of Hungary's assessment of 2006.
Kiraly new deputy governor in Hungary
The Governor of the Magyar Nemzeti Bank, Andras Simor, has proposed Julia Kiraly as the central bank's new Deputy Governor.
NBH minutes show one member wanted rate cut
A single rate-setter on Hungary's 13-member Monetary Council voted in favour of a 25-basis-point rate cut at the MPC's 23 April policy meeting, the minutes published Friday 11 may showed. Changes to the Central bank Act will see a reduction in the number…
Hungary to name NBH deputy by 1 July
Hungarian central bank (NBH) governor Andras Simor will name by 1 July who will be the central bank's second deputy governor, local newswire MTI reported on Wednesday 9 May.
Hungary's Simor on the road to the euro
In the speech 'On the road to the euro - good governance and effective partnership' given on 19 April Andras Simor of the Central Bank of Hungary said at the central bank, as in every organisation, a balance needs to be created between corporate and…
Hungary's Simor wants clearer communication
The recently appointed governor of Hungary's central bank (NBH), Andras Simor, told a press conference on Monday 23 April that the NBH's Monetary Council must improve its communication.
Hungary's central bank appoints new spokesperson
Hungary's central bank announced on Wednesday 18 April it has appointed Judit Iglodi-Csato as the bank's spokesperson to replace Gabor Missura. the Portfolio website reported.
Hungary's cb says inflation expectation still risk
There remains a risk that inflationary expectations may stabilize at higher levels than previously forecast by the Hungarian National Bank (MNB), Henrik Authg, vice president of the central bank said on Wednesday 11 April.
Karvalits says Hungary can reach CPI goal
The Hungarian central bank's (NBH) medium-term inflation goal can be reached even at an exchange rate weaker than the current one, Ferenc Karvalits, nominated as deputy governor said on Monday 26 March.