The Bank of Hungary is the central bank of Hungary, responsible for managing the country's monetary policy and ensuring financial stability. Established in 1924, it plays a crucial role in regulating the banking system and overseeing the national currency, the Hungarian Forint. The bank's primary objectives include controlling inflation, maintaining price stability, and supporting the economic growth of Hungary. It also manages foreign exchange reserves and acts as a banker to the government, facilitating various financial transactions and services.