US EditionThe Euro Is Below 384
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The forint opened at 384.4 against the euro and 331.1 against the dollar on Monday morning, after showing a sideways movement last week, fluctuating in the 383-386 range. Today, the market is paying attention to the latest data from the New York manufacturing index, among other things.
The end of the week was dominated by the NBR press conference, during which the last Inflation Report of this year was presented. "Maybe it's a wish. It can't go down any further. Not below 5 lei (…) I can make a statement to you that I usually don't make and that no one at the national bank makes. I can tell you that since the summer I have hardly intervened (…) And what does the fact that the foreign exchange market is stable show us? It shows…
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