US EditionThe Hungarian Forint Is Weakening.
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3 Articles
In August, the year-on-year inflation in Hungary was 4.3%. This was exactly what analysts had expected, meaning that the late summer price movements were no surprise. The forint is expected to be near its annual high, but the markets could also be moved by events in France today, after Prime Minister François Bayrou lost a vote of confidence.
The forint exchange rate against major currencies was mixed on Tuesday morning compared to the previous evening's quotation in international <a href="https://www.penzcentrum.hu/arfolyam" target="_blank" rel="noopener">foreign exchange trading</a>.
On the international foreign exchange market, the forint exchange rate against leading currencies was mixed on Monday evening compared to morning quotes.
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