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Analysis and explainers on the Hungarian Forint, the MNB, and CEE currencies.

Forint outlook 2027–2028: EUR/HUF from 3 months to 2 years

Forint outlook to 2028: base case EUR/HUF 372 in three months and 385 in two years, roughly what the rate gap implies. Why the weak side is wider.

Hungarian Forint Report, October 2026: Cuts on Hold

EUR/HUF at 366.73 puts the forint in band C. The MNB stopped cutting at 5.50%, gas has more than doubled since early July, and the year-end view shifts.

Hungarian Forint Report, August 2026: Three Dates

EUR/HUF at 363.98. Inflation on 7 August, MNB decision on the 25th, the EU deadline on the 31st. The drift since July was a euro move, not a forint one.

Foreign-Owned Companies in Hungary and the Forint

Foreign-controlled firms are 1.8% of Hungary's companies and produce 41.5% of its value added. They pull the current account two ways at once.

Hungarian Forint Report, July 2026: Rally and Retracement

The forint gained roughly 8% in H1 2026, then gave part of it back. A dated timeline of the move and four scenarios into year-end.

Hungary's 27 Super Milestones and the August Deadline

EUR 10bn hangs on an August deadline. The laws have already passed - so why is this still uncertain, and what actually decides it?