Central Bank of Hungary (MNB)
MNB tells Hungarian lending group to ‘tread lightly’ in Russia
“Selling subsidiary for less than half its worth would help Russia,” OTP Bank CEO says
Hungary close to end of easing campaign as it cuts rate by 50bp
Vice-governor Virág hints at “one more cut” in June
Hungarian minister calls central bank ‘unco-operative’
MNB’s critique of government strategy draws official’s rebuke
Banks should share data on borrowers, working paper argues
Compulsory data sharing has increased credit supply, Hungarian central bank paper says
Hungary cuts rates by 50 basis points
Outlook could be impacted by government’s proposed fuel subsidies
Rates round-up: Hungary and Moldova cut rates
Sweden holds rates but lowers inflation forecast
ECB warns Hungarian law could harm central bank’s independence
Bid to expand executive board powers comes amid growing rift between governor and prime minister
Hungary continues loosening as inflation falls towards 10%
MNB cuts base rate by 75 basis points
Hungary’s gamified CBDC pilot designed for children
Student Safe project is the first live retail CBDC pilot in Europe
ECB says Hungary has infringed central bank autonomy
Frankfurt says restrictions on bond buying interfere with monetary policy
People: BIS appoints deputy head of MED
Riksbank to shrink board; De La Rue chair resigns; Hungary appoints MPC members
The behind-the-scenes effort to convert Ukrainian refugee cash
How central and commercial banks worked to allow Ukrainians to exchange cash in wartime
Hungary’s Matolcsy calls economic situation ‘near-critical’
Governor blames government as inflation expected to be highest in EU
Hungarian government proposes change to central bank funding law
Move comes after MNB changes monetary policy framework amid foreign exchange turbulence
Hungary makes emergency intervention to defend forint
Action comes after the central bank said it would cease rate rises
Hungary raises interest rate to 11.75%
Central bank official cites inflation and dispute over rule of law
Hungarian central bank raises rates again amid EU dispute
MNB downplays role of weakening currency and says external factors are driving inflation
Hungary makes shock 185bp rate increase
Central bank responds to inflation and weak forint with largest increase since 2008
Hungary raises supplemental rate as currency hits record low
Central bank will make greater use of FX swaps as deputy governor says inflation will fall
Rates round-up: Canada adds 50bp to main rate
Kenya orders first rate increase since 2015; Dominican Republic hikes 100bp; and more
ECB opens €10 billion swap line with National Bank of Poland
Central bank extends repo lines with non-eurozone counterparts until January 2023
Hungary continues campaign of rate hikes
MNB ends asset purchase programme, as inflation rises above 7%
The matter of minutes: Why open up private deliberations?
Many central banks publish records of MPC meetings, but far fewer publish vote tallies. Where should public scrutiny stop?
Hungary central bank widens rate corridor to create ‘room for manoeuvre’
“Asymmetrical” rate corridor designed to allow central bank to tighten policy quickly