Forint weakens against Swiss franc
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.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.