Magyar Nemzeti Bank — News Archive

The Hungarian forint fell today after Hungary’s central bank left all of its interest rates unchanged and promised to keep monetary policy accommodative for a long period of time.

The Hungarian forint fell against the US dollar today even as nation’s stocks followed other Eastern European stocks in a rally.

The Hungarian forint fell today after Hungary’s central bank preserved its extremely loose monetary policy and hinted that it can make the policy even more accommodative if it is required.

The Hungarian forint fell today after the monetary policy meeting of the Magyar Nemzeti Bank (Hungary’s central bank). While the bank decided to keep its central bank base rate unchanged, it reduced some other interest rates.

The Hungarian forint gained on the euro and was stable against the US dollar today as Hungary’s central bank signaled about an end to its monetary easing cycle.

The Hungarian forint traded lower today after yesterday’s surprise from the nation’s central bank.

The Hungarian forint strengthened yesterday after the nation’s central bank left interest rates unchanged, a move expected by market analysts, and pledged to keep monetary policy stable for as long as it can.

The Hungarian forint advanced today after yesterday’s monetary policy meeting of the nation’s central bank. While the bank cut its main interest rate more than was expected, it also announced an end to the longest cycle of interest rate cuts in Europe.

The Hungarian forint declined today after the nation’s central bank lowered its main interest rate for 22nd consecutive month, extending the longest monetary-loosening cycle in Europe, and signaled that additional rate cuts are likely.

The Hungarian forint advanced today even after the nation’s central bank reduced its main interest rate. The bank was not particularly pessimistic despite the interest rate cut, helping the currency to retain its appeal.