Forint firms to EUR, CHF, softens to USD

Competition

The forint was trading at 315.94 to the euro shorty after 5:30pm on Thursdayʼs interbank forex market, firming from 317.51 late on Wednesday.

During the day the euro forint exchange rate moved in a tight band between 315.57 forints and 316,28 forints.

The forint traded at 292.22 to the dollar, down from 290.05 late Wednesday. The Federal Reserve in the United States raised its base rate late on Wednesday, strengthening the dollar.

The forint was quoted at 292.81 to the Swiss franc compared to 294.41 earlier. The forint strengthened around midday, but in the afternoon it weakened against the franc.

ADVERTISEMENT

Business Sentiment Up, Consumer Confidence Down in September Analysis

Business Sentiment Up, Consumer Confidence Down in September

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

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.