The HUF/EUR exchange rate has been through a ride over 2024, but since January, EUR is back under HUF 400. USD is also back under HUF 370 since early March.…
Tag: Ukraine
Price caps staying in Hungary until 1 July 2022
Last updated on 30 June 2023. For the last few months, price caps have been in force in Hungary for fuels and some basic grocery items. While originally they were…
Impending global stagflation and its effects on your business
Stagflation is when economic growth slows down while inflation continues to increase. Developments of the last few years, most prominently the COVID pandemic and the war in Ukraine are making…
The crypto landscape in times of war
Cryptocurrencies are stateless, decentralized, anonymous digital currencies, which have often been viewed as a kind of doomsday insurance. They were supposed to be resilient to the fluctuations of the real…
Foreign exchange rates affected by Ukraine war
The war in Ukraine creates uncertainty in the entire region. Scarcity and instability hasten inflation, which at this scale is capable to affect the global economy. These effects are most…
Safe investment when war is coming your way
When you have funds in excess, it is usually best not to just let them lie around in your pocket or on a bank account, but to make some kind…