Finance Minister: The Hungarian forint has recovered
The finance minister has revealed that the Hungarian forint is finding a new equilibrium level, adjusting to conditions on international markets
The finance minister has revealed that the Hungarian forint is finding a new equilibrium level, adjusting to conditions on international markets
Hungary's forint has strengthened by 0.3 percent to 322.15 versus the euro
The public will be able to use the upgraded 500 HUF notes from February 1st, 2019
Mihály Varga said international economic players agree with the government’s assessment that Hungary is on a sustainable growth path, which allows the economy to expand
The old 1,000 HUF note will still be accepted by commercial premises up until October 31st, 2018
The old notes, first issued before 2016, will be in circulation until July 31 before the National Bank of Hungary starts withdrawing them. From August 1, it will be possible to pay only with the new notes
A new 2,000 and 5,000 HUF note will be distributed in March 2017 and the old versions will be slowly withdrawn from circulation. The 20,000 HUF note will be discontinued at the end of 2017
Hungary led a rebound of central European currencies on Tuesday as investors looked past the first shock of Brexit
Ungarn führte die Welle der Erholung mitteleuropäischer Währungen am Dienstag an, nachdem sich die Investoren vom ersten Brexit-Schock erholten.
Interest rate cuts have been halted and the base rate freeze should last for as long as possible