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Hungary central bank

Hungary’s central bank says financial market stability needed to curb inflation

BUDAPEST: Financial market stability is essential to bring inflation back to the medium-term target due to the...

Published 10 Apr, 2024 06:43pm

Markets

Hungary central bank raises base rate by 50 bps to 2.9%, above forecast

BUDAPEST: The National Bank of Hungary raised its base rate by 50 basis points to 2.9% on Tuesday, the highest in...

Published 25 Jan, 2022 06:28pm

Business & Finance

Hungary central bank leaves rates steady, as expected

Base rate 0.6%, O/N depo rate -0.05%.
Decision in line with expectations.
Bank could raise base rate at June meeting.
Hawkish turn a "game-changer" –analyst.

Published 25 May, 2021 05:29pm

Markets

Hungary central banker flags possibility of June base rate hike

With restrictions easing and people returning to shops and restaurants, demand is seen as boosting inflationary risks.

Published 17 May, 2021 03:13pm

Business & Finance

Hungary central bank leaves rates steady as inflation spike looms

Base rate 0.6%, O/N deposit rate -0.05%.
Decision in line with expectations.
Inflation to overshoot target range in Q2 –cbank.
May need to tighten if forint sinks –analysts.

Published 27 Apr, 2021 08:01pm

Markets

Hungary central bank says will buy green govt bonds as part of its QE programme

"The NBH is committed to buy green government bonds as part of its asset purchase programme under similar conditions than any other government bond," the bank said.

Published 12 Apr, 2021 02:06pm

Business & Finance

Forint firms after Hungary central bank leaves rates unchanged, flags CPI risks

"Emphasizing the risk of higher inflation made the bank sound more hawkish than last month," a Budapest-based FX trader said.
"This has been priced in by the market to some extent, however, the forint could strenghten as far as 355 this week."

Published 23 Feb, 2021 08:43pm

Markets

Hungary central bank buys 25bn forints worth of bonds

*It bought 16 billion forints worth of 2033/A bonds at 2.32% average yield, 3 billion forints worth of 2034/A bonds at 2.48%, 4 billion forints worth of 2038/A bonds at 2.8% average yield and 2 billion forints worth of 2041/A bonds at 3.05%.

Published 16 Feb, 2021 07:53pm

Business & Finance

Hungary central bank left rates steady in unanimous Dec decision: minutes

If warranted by a change in the outlook for inflation, the (NBH) would be ready to use the appropriate instruments.
The next policy meeting is due on January 26.

Published 06 Jan, 2021 06:51pm

Business & Finance

Hungary central bank provides EUR 760mn worth of funds at EUR/HUF swap tender

The National Bank of Hungary (NBH) has said it would hold foreign currency swap tenders at the end of each quarter if needed to reduce market volatility.
By providing euros via fx swaps, the NBH can ease selling pressure on the forint on the spot market.

Published 31 Dec, 2020 08:21pm

Business & Finance

Hungary central bank will not hold govt bond purchase auctions in last two weeks of Dec

The bank will hold its regular one-week deposit tenders on Dec. 23 and Dec. 30, taking into account the holidays.

Published 14 Dec, 2020 03:42pm

Business & Finance

Hungary central bank leaves one-week deposit rate steady at 0.75pc

The bank has said it would maintain a gap between the one-week deposit rate and the 0.6pc base rate as long as inflation risks justify that.

Published 10 Dec, 2020 04:25pm

Markets

Hungary central bank leaves key rates on hold, as expected

Base rate 0.6%, O/N deposit rate -0.05%.
Decision in line with analyst forecasts.
Lower inflation, stronger forint ease pressure on NBH.
Bank to issue policy statement at 1400 GMT.

Published 17 Nov, 2020 06:43pm

World

Hungary central bank says ready to act if CPI outlook changes

The Council continuously assesses incoming data, closely monitors the persistence of inflationary effects resulting from the restoration of the economy.
If warranted by a change in the outlook for inflation, the MNB will be ready to use the appropriate instruments.

Published 20 Oct, 2020 06:13pm

Business & Finance

Hungary central bank keeps one-week deposit rate unchanged at 0.75%

Hungarian inflation slowed across the board in September, easing some concerns about inflation.

Published 15 Oct, 2020 06:12pm

Business & Finance

Hungary central bank buys HUF 40bn worth of bonds from banks

It bought 30 billion forints worth of 2031/A bonds at 2.15pc average yield, 8 billion forints worth of 2038/A bonds at 2.58pc average yield and 2 billion forints worth of 2041/A bonds at 2.64pc -- with yields well below those at the previous tender.

Published 13 Oct, 2020 05:04pm

Business & Finance

Hungary central bank keeps one-week deposit rate unchanged at 0.75%

The decision came as the Hungarian forint outperformed its central European peers on Thursday as headline inflation slowed more than expected in September.

Published 08 Oct, 2020 04:54pm

Business & Finance

Hungary central bank keeps one-week deposit rate unchanged at 0.75pc

The bank will use its one-week deposit rate to combat inflation risks stemming from volatile global sentiment that has weighed on emerging-market assets, including the forint.

Published 01 Oct, 2020 03:00pm

Markets

Hungary central bank provides EUR 529mn worth of liquidity at EUR/HUF swap tender

The National Bank of Hungary (NBH) added swap tenders providing foreign currency liquidity to its monetary policy toolkit in September to reduce volatility in the domestic fx swap market.

Published 25 Sep, 2020 03:36pm

Business & Finance

Hungary central bank hikes one-week deposit rate by 15 bps in surprise move

The move immediately lifted the forint from five-month-lows around 365 versus the euro to around 363.5 per euro.

Published 24 Sep, 2020 03:18pm

Markets

Hungary central bank pumps euros into interbank market via swaps in forint supportive move

The forint and Czech crown have led losses among central European currencies this week with Hungary.
By providing euros for banks via the fx swaps, the NBH can ease selling pressure on the forint on the spot market.

Published 18 Sep, 2020 08:15pm

Business & Finance

Hungary central bank offers to buy 15-yr, 20-yr bonds from banks

The central bank did not specify the amount of bonds it would purchase as part of efforts to shore up the economy hit by the coronavirus pandemic.

Published 28 Jul, 2020 05:23pm

Business & Finance

Hungary central bank says will not buy government bonds from banks this week

The bank launched the bond purchases in early May as part of efforts to shore up the economy hit by the coronavirus pandemic.

Published 21 Jul, 2020 05:55pm

Business & Finance

Hungary central bank accepts $4.56bn worth of bids at 1-week deposit tender

The National Bank of Hungary can raise the 0.9pc rate on its new one-week deposit tool, which it considers the strongest interest rate, if market conditions justify it.

Published 11 Jun, 2020 06:47pm

Business & Finance

Hungary central bank says will not buy any govt bonds this week

The bank launched the tenders as part of efforts to shore up the economy hit by the coronavirus pandemic.

Published 02 Jun, 2020 06:01pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	157.10
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.25
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
India Sensex / Dec 23	78,540.17
Tokyo Nikkei / Dec 23	39,055.35
Nasdaq / Dec 23	19,764.89
Hang Seng / Dec 23	20,105.38
FTSE 100 / Dec 23	8,102.72
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77

Item	Value
Crude Oil USD/Barrel / Dec 23	69.60
Karachi Cotton PKR/37.32 KG / Dec 23	17,785
Gold 10 Grams PKR / Dec 23	241,087.80
Gold Spot USD/Ounce / Dec 23	2,617.29
Cotton US¢/pound / Dec 23	69.11
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Dec 24 PICIC Insurance Limited(PIL)	2.13 ▲ 0.23 (12.11%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Liven Pharma / Dec 24 Liven Pharma Limited(LIVEN)	102.93 ▲ 9.36 (10.00%)
MithchellsFruit / Dec 24 Mitchells Fruit Farms Limited(MFFL)	248.61 ▲ 22.60 (10.00%)
Pak Datacom / Dec 24 Pak Datacom Limited(PAKD)	152.17 ▲ 13.83 (10.00%)
Pak Paper Prod / Dec 24 Pakistan Paper Products Limited(PPP)	102.38 ▲ 9.31 (10.00%)
Al-Khair Gadoon / Dec 24 Al-Khair Gadoon Limited(AKGL)	50.96 ▲ 4.62 (9.97%)
Maqbool Tex. / Dec 24 Maqbool Textile Mills Limited(MQTM)	34.15 ▲ 3.09 (9.95%)
Suhail Jute / Dec 24 Suhail Jute Mills Limited(SUHJ)	90 ▲ 8.14 (9.94%)

Stock	Price
Dewan Textile / Dec 24 Dewan Textile Mills Limited(DWTM)	6.31 ▼ -0.80 (-11.25%)
First Elite Cap.Mod / Dec 24 First Elite Capital Modaraba(FECM)	6.12 ▼ -0.72 (-10.53%)
Aisha Steel(ConPS) / Dec 24 Aisha Steel(ConPS)(ASLPS)	11.60 ▼ -1.29 (-10.01%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
Arctic Textile / Dec 24 Arctic Textile Mills Limited(ARCTM)	21.62 ▼ -2.40 (-9.99%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	39.60 ▼ -4.37 (-9.94%)
Asia Ins. / Dec 24 Asia Insurance Company Limited(ASIC)	12.65 ▼ -1.34 (-9.58%)
Fazal Cloth / Dec 24 Fazal Cloth Mills Limited(FZCM)	165 ▼ -15.00 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	71,053,052 ▲ 0.00
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.11
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -0.08
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▲ 0.02
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	35,018,939 ▲ 0.66
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -0.31
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	29,230,026 ▲ 0.07
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.01
Pak Refinery / Dec 24 Pakistan Refinery Limited(PRL)	25,914,203 ▼ -0.17

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