The forint has weakened –

The forint strengthened significantly on Friday morning. The exchange rate of the euro even dropped below 403, and the dollar was below HUF 402. The last time the Hungarian currency was similarly strong was last Friday. The morning already started well for the forint: at seven o’clock on Friday morning, the exchange rate of the […]

The shock treatment of the Hungarian Central Bank

(AOF) – Of all the central banks that have tightened their monetary policy in recent weeks, the Magyar Nemzeti Bank has been the most aggressive. On Tuesday, it increased its main key rate by 185 basis points to 7.75%. The Hungarian Central Bank is faced with particularly high inflation, excluding energy and food: +12.2% in […]

The weakening of the forint is also striking in Central Europe

This is our new series, “What is the picture? ” first part. Week by week, a graph of where Hungary is heading. Once again this week there were days when one euro cost more than 400 forints. In March, in a similar situation, Minister of Finance Mihály Varga said that the forint was a victim […]

Index – Economy – Psychological border near bitcoin

Bitcoin, according to Coinbase, was down 10 percent on Wednesday. It also hit a low of $ 20,166 this year. The world’s largest digital currency has plummeted nearly 70% since its peak in the crypto frenzy in November 2021, CNBC writes. By Wednesday midnight, he was already dancing back above the $ 22,550 level, but […]

Good news for Jordi Caicedo

The Ecuadorian national team, played by CSKA goal scorer Jordi Caicedo, will take part in this year’s World Cup in Qatar. This became clear after FIFA rejected Chile’s complaint about an irregular file of the Ecuadorian national. “After analyzing the views of all stakeholders and reviewing all documents, the FIFA Disciplinary Commission has decided to […]