The currency was introduced in Hungary in 1946. Banknotes are issued in denominations between Ft500 and Ft20,000 while the bank mints coins ranging in value from Ft5 to Ft200. Key Takeaways ...

Emerging markets have been punished across the globe as risky-averse investors have fled in favor of safe-havens such as U.S Treasuries, but it’s the debt-laden economies of Eastern and Central ...

Hungary's incoming government plans to set up a state fund to support indebted Hungarians with mortgage or consumer loans in the euro or the Swiss franc. Those Hungarians now make high monthly ...

Hungary’s national currency, forint, dilemma has become acute, and it is a partial reflection of members of the euro-governed European Union (EU). Ever since Prime Minister Viktor Orban has been in ...

The Hungarian forint snapped two days of losses against the euro after a report showed the country’s third-quarter gross domestic product grew faster than economists estimated. Stocks and bonds ...

The US Dollar retains its overall weakness following an upbeat German ZEW report on Economic Sentiment and an unexpected setback in US Retail Sales. Bitcoin price declines slightly to around $106,000 ...

Hungary has lifted its 2022 foreign currency borrowing target by the equivalent of 2.5 billion euros ($2.7 billion), the AKK debt agency said on Tuesday, as a stand-off with the European Union ...