VII. Exchange rates

NOMINAL EFFECTIVE AND PRICE BASED REAL EFFECTIVE EXCHANGE RATE INDEX OF THE FORINT

POSITION OF THE FORINT IN THE INTERVENTION BAND

EXCHANGE RATES UNTIL FEBRUARY 2014, LIMITED GROUP OF CURRENCIES

The primary objective of the MNB shall be to achieve and maintain price stability. (...) Without prejudice to its primary objective, the MNB shall support the maintenance of the stability of the system of financial intermediation, the enhancement of its resilience, its sustainable contribution to economic growth; furthermore, the MNB shall support the government’s economic policy and its policy related to environmental sustainability, using instruments at its disposal.

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