I received e-mails yesterday from students who did not intend to return to Budapest yesterday for fear of the news on TV. We stayed in all day to avoid problems. Today, half of my classes were missing in action or lack thereof.
On a different, but interesting note, I just read today that the Hungarian government is doing away with the 1 and 2 forint coins as of March 2008. Anyone harboring a bag of those coins can bring them to the National bank for redemption, but to save time you should count them yourself. There is a going to be a long line at the one counting machine. This will have a minor impact on exchange rates too.