Economy of Hungary inflation rates of below, but close to 2% over the medium term". Since Hungary is in the process of catching up (Balassa-Samuelson effect), the long-term objective is a slightly higher figure, around 2.3-3.2%. Therefore, the medium term inflation target of the Hungarian National Bank is 3%. Concerning the exchange rate system, the floating exchange rate system is in use since 26 February 2008, as a result of which HUF is fluctuating in accordance with the effects of the market in the face of the reference currency, the euro. The chart on the right shows forint exchange rates for the British
Counties of Hungary (before 1920) county head", "main notary" and others). The county was led by the "main county head", who was a government official subordinated to the Ministry of the Interior of the Kingdom of Hungary. The "deputy county head" was also an important function. Counties of Hungary (before 1920) A county (Hungarian: vármegye or megye; for the various names, their origin and use see here) is the name of a type of administrative unit in the Kingdom of Hungary and in Hungary from the 10th century until the present day. This article deals with only the period before the Treaty of Trianon of