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Forint weakens on interbank forex market

The forint traded at 273.40 to the euro late Monday, weakening from 270.40 on Friday as the results of stress tests on European Union banks compounded concerns about the debt crisis.

The forint traded at 237.30 to the Swiss franc late Monday, softening from 234.49 on Friday, but improving from 238.46 in the morning.

The forint slipped to 194.10 from 191.19 against the dollar.

On the secondary market for government securities, benchmark yields were up 2-3bp for the longest terms.