The forint firmed to HUF 280.17 late Thursday from 284.39 on Wednesday, reaching its highest rate since the middle of January.
The forint traded as strong as 276.35 to the euro during the session, firming with other currencies in the region. The market was illiquid, however, creating the conditions for big fluctuations in the forint’s rate.
The forint traded at 208.50 to the dollar, strengthening from 213.91 on Wednesday. On the secondary market for government securities, yields fell about 40bp, but turnover was low. (MTI-Econews)