Forint softens on interbank market

The forint was trading at 311.08 to the euro at 5:30pm on Mondayʼs interbank forex market, down from 309.87 late on Friday. The forint softened to 276.61 from 274.76 against the dollar. The forint weakened against the dollar during the early morning, it slightly rebounded in the next few hours, before again weakening throughout the rest of the day. The forint traded at 285.27 to the Swiss franc weakening from 283.86 on Friday. The forint was broadly stable in the early morning but shortly after midday it started to loose ground against the franc.
ADVERTISEMENT
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.