ADVERTISEMENT

Forint strengthens as outlook for Hungary, eurozone improves

Sights

The forint continued to strengthen on Thursday morning’s interbank market, trading at 303.47 to the euro at 10:15 a.m., compared to a rate of 305.44 at 5:45 p.m. on Wednesday.

Dealers attribute the rebound of the forint, which has strengthened from around a rate of around 308.50 against the euro on Tuesday evening, to an improvement in sentiment among traders with regard to both Hungary and the euro-zone.

The forint also strengthened against the Swiss franc and the US dollar on Thursday morning, trading at 251.13 to the CHF and 235.64 to the USD at 10:15 a.m., compared to rates of 252.44 and 238.16, respectively, at 5:45 p.m. on Wednesday.

ADVERTISEMENT

Average age of coronavirus patients declining Analysis

Average age of coronavirus patients declining

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.