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Forint flat to EUR, firms to USD, CHF

Analysis

The forint traded at 310.54 to the euro shortly after 17:30 on Thursdayʼs interbank market, slightly weakening from 310.44 late on Wednesday.

The forint showed mixed movement to the euro during Thursday. The forint first strengthened to 309.67 to the euro, before weakening to 310.87 to the euro in the afternoon.

On Thursday evening the forint traded at 288.75 to the dollar, up from 291.98 late Wednesday. The forint was also mixed to the dollar, most of the movement was between the 289.50 and the 291.00 band before the forint rallied against the dollar. The forint was strongest in the early hours of the evening, trading at 288.47 to the dollar.

The forint was quoted at 285.03 to the Swiss franc late on Thursday compared to 286.02 earlier. After gains in the morning, the forint lost some strength in the afternoon.

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