The National Bank of Hungary (NBH) just issued a reminder that old 10,000 forint (EUR 30) bills will be withdrawn from circulation at the end of this year. More >>
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EUR/HUF Exchange Rate Of 340 Incoming, ING Says
- 3 Dec 2019 9:15 AM
According to a forecast by Amsterdam-based multinational banking and financial services company ING, the Hungarian forint is set to weaken further against euro, with an exchange rate above HUF 340 for a single euro incoming in Q1 2020, news site index.hu reports, based on information from business daily Világgazdaság.
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Hungarians Spending Well Above EU Average On Food & Alcohol
- 2 Dec 2019 8:52 AM
Research by Eurostat on household expenditures across the European Union in 2018 reveals that Hungarians spend a larger than average proportion of their expenses on food; alcohol and tobacco; fuel and maintenance of personal transport; and communications.
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Forint Hits New Low Against Euro, Down Versus Dollar
- 27 Nov 2019 6:09 AM
The forint weakened against the euro on the interbank market on Tuesday morning to a new record low of 337.2.
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Revolut Celebrates 250,000 Users In Hungary
- 22 Nov 2019 9:08 AM
London-based fintech company Revolut announced reaching 250,000 users in Hungary, registering an eightfold increase in monthly transaction value since the beginning of the year, according to a press release.
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Hungary Does Not Comply With European Council's Budget Recommendations
- 21 Nov 2019 7:54 AM
Hungary has not taken action to comply with European Council budget recommendations, the European Commission said in a report released on Wednesday.
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Hungary Central Bank Leaves Base Rate On Hold
- 20 Nov 2019 5:42 AM
Rate-setters of the National Bank of Hungary left the base rate unchanged at 0.90% and the central bank O/N deposit rate at -0.05% at a regular meeting.
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