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Collector Coins to Honor Hungarian Mathematicians

Mar 24, 2023

The National Bank of Hungary (MNB) continues the collector coin series presenting Wolf Prize-winning mathematicians of Hungarian origin and their work, launched in 2022. This year, two collector coins are scheduled to be issued on March 24, 2023, one in honor of Pál Erdős, who was awarded the Wolf Prize 40 years ago, and his […]

Use of Mobile Payment Solutions Continues to Rise

Mar 16, 2023

The number of retail payment accounts continued to grow, and the number of actively used payment cards and payment cards registered in mobile wallet applications is also increasing as a result of digitalization, according to a report by the National Bank of Hungary. The number and value of purchase transactions conducted with cards registered in […]

MNB Business Climate Index Still in Negative Range

Jan 18, 2023

The Business Climate Index of the National Bank of Hungary (MNB) improved to minus 5 points in December from minus 7 points in November, but remained in the negative range indicating a negative business climate, the central bank has said on its website . Contributing to the rise in the index was a reduction in […]

2023: National Bank Predicts Even Higher Inflation Rate

Dec 20, 2022

Average annual inflation is likely to be in the range of 15-19.5% next year, while economic growth could be in the range of 0.5-1.5%, according to Barnabás Virág, Deputy Governor of the National Bank of Hungary (MNB). He explained the main forecasts of the Bank's latest Inflation Report at a press conference on the Monetary […]

Wonder Stag Installed by the National Bank of Hungary

Dec 16, 2022

The statue of the Wonder Stag has been unveiled in a ceremony in the garden of the National Bank of Hungary (MNB) Supervision Center and Money Museum in Budapest. The sculpture symbolizes renewal, guidance, the search for abundance and happiness, and is a symbol of the mission of the Money Museum to develop financial awareness, […]

Capped Prices Should Be Phased Out As Soon As Possible

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 One of the […]

Competitiveness: Hungary Slightly Under EU Average

Nov 15, 2022

With a score of 47.9 points, Hungary ranks 17th among the 27 European Union countries in the competitiveness ranking prepared by the National Bank of Hungary (MNB) – up one place but still slightly below the EU average. The Head of MNB's Competitiveness Department Ákos Szalai was of the view at Tuesday’s online press conference […]

Collector Coins in Honor of Imre Kertész

Nov 9, 2022

In honour of Imre Kertész, the National Bank of Hungary (MNB) is issuing a silver collector coin with a face value of 7,500 forints and its non-ferrous metal version of 2,000 forints on the writer’s birthday to mark the 20th anniversary of his receiving the Nobel Prize. Imre Kertész (1929 -2016), Hungarian writer and translator, […]

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