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interest rates

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Economy

Hungary’s Economic Stagnation and Weak Forint to Halt Rate Cuts

D&T
Oct 17, 2024

Hungary's economy faces a challenging third quarter with zero growth expected and the forint at an 18-month low against the euro. This gloomy outlook could force the central bank to maintain current interest rates for an extended period. Deputy Governor Barnabás Virág of Hungary's central bank signaled a potential pause in interest-rate cuts at a […]

Economy

Forint Stages Spectacular Recovery from Last Year’s Weakness

D&T
Jan 20, 2023

The forint marched to considerably stronger levels against both the EUR and USD this year after being in a freefall in 2022. Experts believe the Hungarian currency has by now reached key technical levels and further significant strengthening may not be in the cards. The Hungarian currency has staged a spectacular comeback in recent weeks […]

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