Hungarian forint added in 2006. Banknotes that were previously in circulation are withdrawn and recycled as materials for briquettes. All banknotes are 154 × 70 mm in size. Most traded currencies (from 31 December 1990): Currencies of nearby countries (from 31 December 2010): Hungarian forint The forint (sign: Ft; code: HUF) is the currency of Hungary. It was formerly divided into 100 fillér, but fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step in the post-World War II stabilisation of the Hungarian economy, and the currency remained relatively stable until the
Outright Monetary Transactions Outright Monetary Transactions Outright Monetary Transactions ("OMT") is a program of the European Central Bank under which the bank makes purchases ("outright transactions") in secondary, sovereign bond markets, under certain conditions, of bonds issued by Eurozone member-states. On 2 August 2012, the Governing Council of the European Central Bank (ECB) announced that it would undertake outright transactions in secondary, sovereign bond markets, aimed "at safeguarding an appropriate monetary policy transmission and the singleness of the monetary policy". The technical framework of these operations was formulated on 6 September 2012. On the same date, the bank's Securities Markets Programme (SMP) was