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Forint strengthens against Swiss franc on interbank market

In Hungary

The forint strengthened against the Swiss franc on Thursday morning's interbank market, trading at 262.68 to the CHF at 10:00 a.m., compared to a Wednesday-afternoon rate of 267.31.

Dealers attribute the forint's strengthening against the Swiss franc to a decline in risk-aversion among traders.

The forint also strengthened against the US dollar on Thursday morning, trading at 192.90 to USD at 10 a.m., compared to a Wednesday-afternoon rate of 194.12. However, the forint softened against the euro on Thursday morning, trading at 275.02 to the single European currency at 10 a.m., compared to a Wednesday-afternoon rate of 274.73.

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