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Hungary Euro Currency News is an EIN News Service for political professionals. Constantly updated news and information about Hungary EU Politics.
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Latest Hungary Euro Currency News

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  • Hungary's central bank cuts rates 23 Nov 2009 20:23 GMT
    ... including Norway, Israel and Australia have However, Hungary remains behind the curve owing to a previous ... to a previous need to defend its currency. Hungary suffered a severe downturn as a ... by around 18 per cent against the euro since March, providing breathing space for rate ...

  • Verhofstadt invites Eastern Europe to adopt euro 27 Nov 2009 08:10 GMT
    ... proposal, which concerns Poland, the Czech Republic, Hungary, Estonia, Latvia, Lithuania, Bulgaria and Romania, as part ... to explore the possibility of introducing the euro as a joint legal tender. The euro ... tender. The euro would function alongside national currencies for all transactions and thus enhance the ...

  • Largest foreign banks in Hungary pledge support to local units - IMF 20 Nov 2009 08:15 GMT
    ... balance of payments support package, are helping Hungary weather the economic downturn and return to ... with the parent banks of six systemically-important Hungarian financial institutions. The six EU-based banks are ... international financial support package of 20 billion Euro for Hungary that was approved by EU ...

  • HIGHLIGHTS-Comments from Hungary opposition on euro, budget 25 Nov 2009 19:05 GMT
    ... we should be able to announce a euro target date.' 'Such economic policy should be ... point of reference concerning the future potential Hungarian economic policy, should look at what economic ... analyst forecast in a Reuters poll for Hungary joining the euro zone in 2014 was ...

  • Euro adoption not in sight for Hungary because of bulging debt - EBRD Director 25 Nov 2009 08:48 GMT
    ... Although the Hungarian government is fiscally prudent, it has a ... makes it very difficult to join the euro zone any time soon, said Jeromin Zettelmeyer, ... and a hard place at the moment. Hungary's strategy will probably have to be to ...

  • Hungary Cuts Key Rate to Three-Year Low on Recession, Inflation 23 Nov 2009 14:55 GMT
    ... as the economic slump blunts price pressures. Hungary was the first European Union country to get ... fell to a record low against the euro in March. It has since been the ... fifth-best performer of the 26 emerging- market currencies tracked by Bloomberg in the past six ...

  • UPDATE 2-Hungary cbank trims rates by 50 bps, cuts CPI fcasts 23 Nov 2009 16:34 GMT
    ... Marton Dunai BUDAPEST, Nov 23 (Reuters) - Hungary's central bank cut its key interest rate ... to boost interbank liquidity. A stable forint currency, which has firmed by more than 18 ... 18 percent from all-time lows versus the euro in March, and an expected fall in ...

  • INDICATORS - Hungary - Updated on Nov 26 26 Nov 2009 18:17 GMT
    ... BUDAPEST, Nov 26 (Reuters) - Hungary's latest indicators: (Last updated on Nov. 26, ... are working day-adjusted. BUDGET BALANCE (in billion Hungarian forints) Jan-Oct 2009 Jan-Oct 2008 Central state ... deposits history............ NBH forint Forint/dollar market quotes................ Forint/euro market quotes.................. Interbank o/n, t/n deposit rates... ...

  • INDICATORS - Hungary - Nov 18 18 Nov 2009 20:36 GMT
    ... BUDAPEST, Nov 18 (Reuters) - Hungary's latest indicators: (Last updated on Nov. 17, ... are working day-adjusted. BUDGET BALANCE (in billion Hungarian forints) Jan-Oct 2009 Jan-Oct 2008 Central state ... deposits history............ NBH forint Forint/dollar market quotes................ Forint/euro market quotes.................. Interbank o/n, t/n deposit rates... ...

  • UPDATE 1-Hungary cbank trims rates by 50 bps, more cuts seen 23 Nov 2009 14:14 GMT
    ... BUDAPEST, Nov 23 (Reuters) - Hungary's central bank lowered its key interest rate ... said in a statement. A stable forint currency, which has firmed by more than 18 ... 18 percent from all-time lows versus the euro in March, and an expected fall in ...

  • INDICATORS - Hungary - Updated on Nov 19 19 Nov 2009 18:39 GMT
    ... BUDAPEST, Nov 19 (Reuters) - Hungary's latest indicators: (Last updated on Nov. 19, ... are working day-adjusted. BUDGET BALANCE (in billion Hungarian forints) Jan-Oct 2009 Jan-Oct 2008 Central state ... deposits history............ NBH forint Forint/dollar market quotes................ Forint/euro market quotes.................. Interbank o/n, t/n deposit rates... ...

  • INDICATORS - Hungary - Updated on Nov 23 23 Nov 2009 17:34 GMT
    ... BUDAPEST, Nov 23 (Reuters) - Hungary's latest indicators: (Last updated on Nov. 23, ... are working day-adjusted. BUDGET BALANCE (in billion Hungarian forints) Jan-Oct 2009 Jan-Oct 2008 Central state ... deposits history............ NBH forint Forint/dollar market quotes................ Forint/euro market quotes.................. Interbank o/n, t/n deposit rates... ...

  • Hungary’s fiscal policy allows easier monetary policy, q/q GDP growth expected in Q2/Q3 2010 - FinMin 19 Nov 2009 16:35 GMT
    ... Hungarian Finance Minister Péter Oszkó said on Thursday ... Reuters Television on the sidelines of the Euro Finance Week conference whether interest rates should ... in monetary policy," he added. He said Hungary was no longer using the rest of ...

  • CURRENCIES: Safe-haven Flows Boost Yen, Stabilize Dollar 26 Nov 2009 15:04 GMT
    ... CURRENCIES: Safe-haven Flows Boost Yen, Stabilize Dollar The ... late North American trade on Wednesday. The euro tumbled 1.4% against the Japanese unit to ... market currencies, including the South African rand, Hungarian forint and Turkish lira. The dollar is ...

  • Hungary cbank trims rates by 50 bps, more cuts seen 23 Nov 2009 14:55 GMT
    ... said in a statement. A stable forint currency, which has firmed by more than 18 ... 18 percent from all-time lows versus the euro in March, and an expected fall in ... Bebesy, portfolio manager of Budapest Fund Management. Hungary's economy contracted by 7.2 percent in the ...


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