Forint weakens against Swiss franc

Competition

The forint traded at 267.31 to the Swiss franc late Wednesday, weakening from around 261 on Tuesday afternoon, but still stronger than its historical low of 273.43 reached overnight on Tuesday.

The forint traded at 274.73 to the euro late Wednesday, firming from 275.09 on Tuesday.

The forint slipped to 194.12 from 192.73 against the dollar.

On the secondary market for government securities, benchmark yields were down 15-21bp for terms over a year.

ADVERTISEMENT

Mapei Targets 6% Higher Revenue This Year Figures

Mapei Targets 6% Higher Revenue This Year

Parliament Negates Mandatory Membership in MOK Parliament

Parliament Negates Mandatory Membership in MOK

Number of Residential Developments in Cities Falls 9%  Residential

Number of Residential Developments in Cities Falls 9% 

Budapest Leaders Unveil Plans to Scale Back Traffic on Thoro... City

Budapest Leaders Unveil Plans to Scale Back Traffic on Thoro...

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.