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Forint weakens on Middle East tensions

The forint traded at 272.05 to the euro late Tuesday, weakening from 270.88 on Monday as civil unrest continued in the Middle East.

The forint traded at 199.08 to the dollar late Tuesday, softening from 198.37 on Monday.

The forint slipped to 211.49 from 209.18 against the Swiss franc.

On the secondary market for government securities, benchmark yields were up 5-8 bp for terms over a year.