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balanceofpayments

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Balance of Payments Surplus Continues to Grow

D&T
Aug 21, 2023

The current account surplus increased by EUR 152 million to EUR 547 million in June from EUR 396 million in May, according to the latest preliminary data released by the National Bank of Hungary (MNB). Due to an increase of EUR 510 million in export receipts and EUR 110 million in import payments, the external […]

Capped Prices Should Be Phased Out As Soon As Possible

D&T
Nov 25, 2022

"Without EU funds, we cannot restore the country's balance of payments – free of debt – and to break inflation expectations, we need to remove the price caps as soon as possible," said, Deputy Governor of the National Bank of Hungary (MNB), Mihály Patai is quoted by the business news site napi.hu One of the […]

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