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Forint softens on interbank market

The forint softened on Friday morning's interbank market, trading at 264.50 against the euro, compared to a Thursday-afternoon rate of 264.07.

Dealers say that the forint is likely to shuffle in ranges amid light turnover on the last trade day of the week as a result of the closing of many markets in Europe for the Good Friday holiday.

The forint traded at 181.70 to the dollar on Friday morning, compared to a Thursday-afternoon rate of 181.69. The forint traded at 205.10 to the Swiss franc on Friday morning, compared to a Thursday-afternoon rate of 206.20.