The National Bank of Hungary (MNB) has announced it is bringing home the country's 100,000 ounces (3 tons) of gold reserves from London.
more| 07 Mar 2018 02:53 | The Guardian |
It's an irony that the government flirts with white nationalism, but then celebrates our Hungarian-Asian roots as a way of demonstrating ethnic uniqueness.
morePRAGUE, Feb 23 (Reuters) - Hungary's forint drifted near a two-month low on Friday as weakened risk appetite and a loose monetary policy outlook weighed on central Europe.
more| 13 Feb 2018 04:07 | Kitco News |
The inflation data came after the bank's chief economist, Daniel Palotai, said on Monday that continued loose monetary policy was warranted due to benign inflation.
more| 12 Feb 2018 08:26 | Kitco News |
Hungary's forint was only 0.1 percent firmer at 1358 GMT. "In the short term, global market impacts could be driving the market, and we cannot exclude the possibility of further weakening (in the forint) and volatile movements in the exchange rate ...
moreWARSAW, Feb 9 (Reuters) - The Hungarian forint and Polish zloty eased about 0.2 percent against the euro on Friday, leading losses among central European currencies amid a heightened global mood of risk aversion.
moreThe Hungarian forint dropped 0.2 percent, drifting to the weaker side of the key mark of 310 per euro in what a trader described as a technical correction in low turnover rather than a change in fundamentals.
more| 23 Jan 2018 01:10 | Budapest Business Journal |
The Polish zloty is undervalued by 44% against the dollar, and the Czech koruna by 28%. Compared to these, the forint is undervalued by only 2.5% against the U.S.
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