Forint softens to EUR, CHF, firms to USD
The forint was trading at 311.83 to the euro at 5:30pm on Tuesdayʼs interbank forex market, down from 310.95 late on Monday.
The forint slipped against the euro during the session, from 310.47 in the morning to as far as 313.04 in the afternoon before gaining some strength early evening.
The forint traded at 275.67 to the dollar, firming from 278.17 Monday. The dollar took a beating on Tuesday as its rate fell from as high as 278.53 forints to 275.39 forints.
The forint weakened to 283.70 from 281.84 against the Swiss franc. The franc closely tracked the euro and similarly strengthened against the forint during the day before losing some of its gains in the early evening. The francʼs rate moved between 281.15 forints and 284.95 forints.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
