The decision of the Monetary Council of the Magyar Nemzeti Bank (MNB) on Tuesday was in line with expectations, and the publication of the latest inflation report may bring a change in central bank policy, analysts told the state news agency MTI. The National Bank of Hungary (MNB) raised its benchmark base rate by 50bps […]

At its meeting on July 27, 2021, the Monetary Council of the National Bank of Hungary (Magyar Nemzeti Bank – MNB) reviewed the latest economic and financial developments and decided to increase the central bank base rate by 30 basis points to 1.20% in effect from the next day. The goal of the measure is […]

At its meeting on June 23, 2020, the Monetary Council of the National Bank of Hungary (MNB) reviewed the latest economic and financial developments and lowered the central bank prime interest rate by 15 basis points to 0.75% with effect from June 24, 2020. In a press release, MNB says that its mandate in the […]

The Monetary Council of the National Bank of Hungary increased the prime interestó rate by 25 basis points to 5.5 percent on Monday with effect from November 30. The base rate had stood at 5.25 percent since April 27.