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 […]

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, […]

"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 […]

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 […]

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, […]