Magyar Nemzeti Bank

Magyar Nemzeti Bank is Hungary's central bank. It sets monetary policy, issues the HUF, and supports financial system stability.

It oversees payment systems, manages foreign reserves, and acts as lender of last resort to the banking system.

Related Terms

A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...

Hungarian Forint

HUF is the official currency of Hungary. It is issued by the Magyar Nemzeti Bank (Central Bank of Hu...

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