Magyar Nemzeti Bank (Hungarian National Bank) is the central bank of Hungary. The principal aim of the bank is to retain price stability. It is also responsible for issuing the national currency, the forint, controlling the cash circulation, setting the Central Bank base rate, publishing official exchange rates and managing the national reserves of foreign currency and gold to influence exchange rates. It controls the country's monetary policy.
HQ: Budapest, Hungary
Founded: 1924
ID: 871. Updated: 19.01.2023
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