The Magyar Nemzeti Bank (MNB) is the central bank of Hungary, responsible for managing the country's monetary policy and ensuring financial stability. Established in 1924, the MNB plays a crucial role in regulating the banking system and overseeing the issuance of the national currency, the Hungarian forint. In addition to its monetary policy functions, the MNB also supervises financial institutions and works to maintain a stable financial environment. It aims to promote economic growth and control inflation, contributing to the overall health of the Hungarian economy.