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rrency weakness, and more inclined to continue to push through rate cuts, if not regardless of FX, at least as long as FX depreciation is orderly. Hungary's NBH have made it very clear that the focus is on growth, and that inflation is taking the back-seat for now. Consequently, the NBH rate cutting
uments and Exchange Law: Company name - Deutsche Securities Inc. Registration number - Registered as a financial instruments dealer by the Head of the Kanto Local Finance Bureau (Kinsho) No. 117. Member of associations: JSDA, Type II Financial Instruments Firms Association, The Financial Futures Association of Japan, Japan
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1.22 7.48 7.30 7.20 7.10 - 7.51 7.54 7.61 8.45 8.20 8.10 8.00 - 8.47 8.49 8.54 Source: Datastream, Reuters, Bloomberg Finance LP, DB forecasts Hungary Indonesia IDR/USD 9,686 9,950 9,900 9,850 (Fwd. Rates) Malaysia MYR/USD 3.10 3.07 3.05 3.02 (Fwd. Rates) 3.12 3.13 3.16 Philippines PHP/USD 40.
uments and Exchange Law: Company name - Deutsche Securities Inc. Registration number - Registered as a financial instruments dealer by the Head of the Kanto Local Finance Bureau (Kinsho) No. 117. Member of associations: JSDA, Type II Financial Instruments Firms Association, The Financial Futures Association of Japan, Japan
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nland Greece Portugal Ireland United Kingdom Denmark Norway Sweden Switzerland Canada Australia New Zealand EEMEA Czech Republic Egypt Hungary Israel Kazakhstan Nigeria Poland Romania Russia Saudi Arabia South Africa Turkey Ukraine United Arab Emirates Asia (ex-Japan) China Hon
an: Approved and/or distributed by Deutsche Securities Inc.(DSI). Registration number - Registered as a financial instruments dealer by the Head of the Kanto Local Finance Bureau (Kinsho) No. 117. Member of associations: JSDA, Type II Financial Instruments Firms Association and The Financial Futures Association of Japan. Co
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Source: Datastream, Reuters, Bloomberg Finance LP, DB forecasts Emerging Europe Currency Czech Rep. EUR/CZK (Fwd. Rates) USD/CZK (Fwd. Rates) Hungary EUR/HUF Latin America Currency Argentina USD/ARS (Fwd. Rates) Brazil USD/BRL (Fwd. Rates) Chile USD/CLP (Fwd. Rates) Colombia USD/COP (Fwd.
uments and Exchange Law: Company name - Deutsche Securities Inc. Registration number - Registered as a financial instruments dealer by the Head of the Kanto Local Finance Bureau (Kinsho) No. 117. Member of associations: JSDA, Type II Financial Instruments Firms Association, The Financial Futures Association of Japan, Japan
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Mutual Connections (119)
Entities connected to both Hungary and the Kanto Local Finance Bureau
United Kingdom
LOCATION83 w/ Hungary·27 w/ the
Norway
LOCATION97 w/ Hungary·7 w/ the
Belgium
LOCATION93 w/ Hungary·3 w/ the
Denmark
LOCATION94 w/ Hungary·2 w/ the
Finland
LOCATION93 w/ Hungary·2 w/ the
Malaysia
LOCATION53 w/ Hungary·11 w/ the
New Zealand
LOCATION43 w/ Hungary·15 w/ the
Bloomberg L.P.
ORGANIZATION43 w/ Hungary·10 w/ the
Columbia University
LOCATION48 w/ Hungary·5 w/ the
Philippines
LOCATION49 w/ Hungary·2 w/ the
Deutsche Bank
ORGANIZATION12 w/ Hungary·37 w/ the
Frankfurt
LOCATION14 w/ Hungary·33 w/ the
Chile
LOCATION42 w/ Hungary·2 w/ the
South Africa
LOCATION20 w/ Hungary·19 w/ the
Hong Kong
LOCATION22 w/ Hungary·10 w/ the
BaFin
ORGANIZATION4 w/ Hungary·27 w/ the
Deutsche Bank AG Johannesburg
ORGANIZATION3 w/ Hungary·28 w/ the
Moody's
ORGANIZATION5 w/ Hungary·24 w/ the
DB
Doug Band
PERSON23 w/ Hungary·4 w/ the
Tokyo
LOCATION16 w/ Hungary·11 w/ the