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Hungarian forint hits 2.5-year low vs USD

EU

Hungary’s national currency hit a one-month low of 316 aganist the euro and a two-and-a-half-year low of 245 to the US dollar, according to reports.

In recent weeks several EU member states have seen their currencies lose value, but the forint is faring the worst among emerging-market currencies, especially when compared with the dollar, according to Hungarian news agency MTI.

No particular negative news that could have impacted the forint was reported.

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