HUFUSD=X - HUF/USD

CCY - CCY Delayed price. Currency in USD
0.0035
-0.0000 (-0.0208%)
As of 2:52AM BST. Market open.
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Previous close0.003
Open0.003
Bid0.003
Day's range0.003 - 0.003
52-week range0.0035 - 0.0039
Ask0.003
  • Reuters8 months ago

    Why Hungary's central bank can be relaxed about a weaker forint

    The National Bank of Hungary has maintained its dovish monetary stance during the recent global market turmoil which has made the forint the worst performing currency in central Europe so far in 2018. After hitting a record low of 330.70 to the euro in early July, the forint has settled in a range around 322-325, about 4 to 5 percent weaker than levels it traded in the first quarter. The central bank so far appears to be comfortable with the weaker forint, as its slide has been gradual and has not been coupled with an outflow of foreign investors' bond holdings (.HUBONDHOLD).

  • Reuters8 months ago

    Why Hungary's central bank can be relaxed about a weaker forint

    The National Bank of Hungary has maintained its dovish monetary stance during the recent global market turmoil which has made the forint the worst performing currency in central Europe so far in 2018. After hitting a record low of 330.70 to the euro in early July, the forint has settled in a range around 322-325, about 4 to 5 percent weaker than levels it traded in the first quarter. The central bank so far appears to be comfortable with the weaker forint, as its slide has been gradual and has not been coupled with an outflow of foreign investors' bond holdings .

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