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Hungary's Orban Names New Central Bank Head

Orban ally Varga to take over at Hungary's central bank as economy sags

Prime Minister Viktor Orban nominated Finance Minister Mihaly Varga as Hungary's next central bank governor on Friday, turning to an ally as he seeks to revive the economy before a 2026 election.

Bloomberg L.P. · 21h

Orban Taps Loyal Finance Chief to Helm Hungary Central Bank

Hungarian Prime Minister Viktor Orban nominated his longtime finance minister Mihaly Varga to helm the central bank, with investors on alert for potential implications for one of the tightest monetary policies in Europe.

Barron's · 17h

Hungary's Orban Names New Central Bank Head As Economy Limps

Hungarian Prime Minister Viktor Orban named a long-time ally to be the next central bank governor on Friday, as he aims to jumpstart the country's struggling economy.

Hackers steal $17 mln from Uganda central bank

Hosted on MSN · 13h

Shocking! Hackers steals $17 million from Uganda’s Central Bank

Uganda's finance ministry denied allegations that hackers took up to $17m but confirmed reports that hackers gained access to the central bank's networks.

Reuters on MSN · 19h

Uganda confirms hack of central bank accounts, official downplays extent of loss

A senior official at Uganda's finance ministry confirmed that accounts in the country's central bank had been hacked but he downplayed the extent of the losses. The Bank of Uganda had said late on Thursday it was awaiting a police investigation into a news report that offshore hackers stole 62 billion Ugandan shillings ($16.

Nairametrics · 19h

Uganda confirms Central Bank hack, says amount stolen not up to $17 million

Uganda’s Ministry of Finance has confirmed a cyberattack on the country’s central bank systems but refuted claims that hackers stole

8h

Lula Names Three Brazil Central Bank Directors as Key Rate Rises

Brazil President Luiz Inacio Lula da Silva nominated three new central bank board members on Friday as investors pressure for ...

19hon MSN

Turkey’s Economy Tumbles Into Recession as Central Bank Tightening Takes Effect

Gross domestic product shrank by 0.2% between July and September, matching the contraction of the prior quarter, with ...

2h

European Central Bank chief’s interview points to shock of trade war threat

Lagarde said the strategy of the European Union to the Trump tariff threat should be negotiation not retaliation, but whether ...

1don MSN

Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene

The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...

7hon MSN

Brazil's Lula nominates Bradesco head trader as central bank monetary policy director

Brazilian President Luiz Inacio Lula da Silva nominated Nilton David, head trader at Bradesco bank, to serve as the next ...

Reuters on MSN14h

Ghana central bank holds policy rate on inflation concerns

ACCRA, Nov 29 (Reuters) - Ghana's central bank on Friday kept its main interest rate (GHCBIR=ECI), opens new tab at 27.00 ...

9d

The impact of central bank digital currencies on traditional banking: A crypto perspective

Central bank digital currencies (CBDCs) could change the face of traditional banking and challenge cryptocurrencies.

1don MSN

New Zealand’s Central Bank on Track to Deliver More Outsized Rate Cuts

The Reserve Bank of New Zealand appears set to continue delivering outsized interest-rate cuts in 2025 as inflation appears ...

9h

Brazil Central Bank Discussed Whether FX Market Is Dysfunctional

Brazil’s policymakers debated whether the recent slump in the real occurred in a market that had ceased to operate normally, ...

20h

China central bank conducts 800 bln yuan of outright reverse repos in Nov

China's central bank said on Friday it conducted 800 billion yuan ($110.59 billion) of outright reverse repos in November.

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