Hungary cash reserve ratio

Hungary cash reserve ratio: 10 (0%)
Last Update: April 30, 2024

Hungary cash reserve ratio closed down 10 as of April 30, 2024 from 10 from the previous month and 10 from last year.

Hungary cash reserve ratio Analytics & Data

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Hungary cash reserve ratio closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Hungary cash reserve ratio

2024-04-30 10
2024-03-31 10
2024-02-29 10
2024-01-31 10
2023-12-31 10
2023-11-30 10
2023-10-31 10
2023-09-30 10
2023-08-31 10
2023-07-31 10
2023-07-25 10
2023-06-30 10
2023-06-20 10
2023-05-31 10
2023-04-30 10
2023-03-31 5
2023-02-28 5
2023-01-31 5
2022-12-31 5
2022-11-30 5
2022-10-01 5
2022-09-30 1
2022-08-31 1
2022-07-31 1

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Hungary cash reserve ratio Statistics

cash reserve ratiohu.cashreserveratio10.01000DownDown362024-04-30

Hungary cash reserve ratio Factors

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Hungary cash reserve ratio Historical Data

The MacroVar database offers free access to historical data for the Hungary cash reserve ratio, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hungary cash reserve ratio data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hungary cash reserve ratio

The cash reserve ratio in Hungary is the minimum percentage of a bank's total deposit liabilities that must be held in cash or deposited with the central bank. This ratio is set by the National Bank of Hungary as a way to control the amount of money that banks can lend out and to maintain financial stability. By requiring banks to hold a certain amount of cash reserves, the central bank is able to influence the money supply in the economy and prevent excessive lending that could lead to inflation or financial crises. This ratio is an important tool for regulating the banking sector and ensuring the stability of the financial system in Hungary.