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The forint is getting increasingly worse, falling to 365.
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The forint is getting increasingly worse, falling to 365.

The forint’s trading on Thursday initially stabilized, but the exchange rate weakened throughout the day due to the international mood and expectations regarding US labor market data. Important factors include the US-Iran negotiations, the price of oil, and expected interest rate changes by the Japanese and US central banks. The KSH’s unfavorable industrial and retail data also affected the forint, while demand for Hungarian government bonds remained stable.

Latest Dispatches

The MBH Bank has confirmed its leading position among competitors in the area of customer service. befektetes-bank

The MBH Bank has confirmed its leading position among competitors in the area of customer service.

The MBH Bank board appointed Ákos Tamás as the deputy head of the bank’s standard customer service business unit. The position was previously held by Ginzer Ildikó, who will remain with the bank. The new head comes from the retail business unit of the CIB Bank, where he achieved significant results in establishing the retail business unit’s growth trajectory.

Portfolio.hu - Bank
Oil prices have surged. befektetes-bank

Oil prices have surged.

Due to escalating tensions in the Middle East, oil prices rose by more than 2 percent on Wednesday, following American and Saudi attacks on Iraq, and the United States thwarted an Iranian missile attack.

Portfolio.hu - Befektetés
Many Hungarians live in a state of inherited misconception, not the will is the only solution. befektetes-bank

Many Hungarians live in a state of inherited misconception, not the will is the only solution.

For years, or even decades, people accumulate savings in voluntary pension funds, but they don’t think about what happens to their money upon their death. However, a simple administrative step, specifying the beneficiary, can fundamentally determine how quickly and in what manner the relatives can access the funds - this is highlighted in a Money Center article.

Portfolio.hu - Befektetés