Forint hits all time low against the Euro
Saturday, August 31st, 2019A left-wing commentator excoriates the National Bank for not intervening in defence of the national currency as its exchange rate scrapes just short of 332 to the Euro. READ MORE
Inflation slows down, but vegetable prices surge
Saturday, August 10th, 2019A left-wing analyst criticizes the National Bank for not raising the base rate despite the high inflation rate. Other economists think that higher prices are the natural result of increasing wages and a higher demand for higher quality goods. READ MORE
National Bank’s loose monetary policy to continue
Tuesday, July 23rd, 2019The leading independent business news site agrees with the decision of the National Bank to keep its base rate low. It predicts that as growth slows down in Europe, the Hungarian National Bank can keep its loose monetary policy alive for a long time without having to fear a sudden weakening of the national currency. READ MORE