Forint stabilising after month-long drop

A pro-government financial expert cautions the National Bank against yielding to market pressure and raising interest rates. READ MORE

Hungarian GDP grows by 4.7 per cent

As the Central Statistical Office reports first quarter GDP data, analysts across the political spectrum wonder if fast growth can be maintained in the long run, and whether the Forint will weaken against the Euro.  READ MORE

Forint becoming a favoured carry trade currency

The leading online economic news outlet points out that as a result of a long series of interest rate cuts by the Hungarian National Bank, the Forint has become a popular carry trade currency.  READ MORE

Base interest rate cut to historic low

As the National Bank concludes its easing cycle by cutting the base interest rate to 1.35 per cent, a conservative columnist contends that the MNB has helped economic growth significantly, and, despite leftist fears, the Forint has not been weakened by the rapid sequence of rate cuts.

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Forint to be a loser or winner of the Greek crisis?

A pro-Greek economist believes Hungary’s debt burden is incomparably lighter than Greece’s, but it is unclear at the moment to what extent the markets will appreciate that difference. READ MORE

Swiss Franc soars

In a comment on the shock caused by the decision of the Swiss National Bank to lift the currency cap which pegged the Swiss Franc to the Euro, commentators on both Left and Right praise the government’s earlier decision to convert FX mortgages into Forint loans. READ MORE

Euro and Forint weaken

As the Euro weakens against the US Dollar and the Forint nears its historical low against the Euro, a left-wing analysts calls on the government to change policy course. A conservative columnist blames the weakening of both currencies on external geopolitical and economic factors. READ MORE

FX loan settlement scheme announced

Commentators welcome the government’s decision to convert FX mortgages into Forint loans at market rates. READ MORE

Base rate cut to a record low

As the Monetary Council lowers the base rate to a historic low and announces the end of the easing cycle, columnists on both left and right acknowledge that Central Banker Governor Matolcsy’s bold and often criticized steps have proven valid. READ MORE

National Bank defiant

A business daily thinks the Hungarian National Bank intended to flex its muscles  when it decided to cut its main interest rate again earlier this week, although the Forint lost approximately three per cent of its value to the main currencies over the past two weeks. READ MORE