Immediately after exchange rate markets opened on Thursday, the forint reached new historical lows on Thursday against both the euro and the dollar. The Hungarian…
In Thursday’s Government Information briefing, Minister Gergely Gulyás said that energy prices, primarily natural gas prices, were driving the exchange rate, which is why the…
Hungary’s currency appeared to be in free fall on Wednesday, but the country’s pro-government media generally preferred to avoid the topic completely, writes HVG. The…
DK President Ferenc Gyurcsány reacted to the news of the forint’s new historic low against the euro on Monday morning. The former Socialist prime minister…
After hitting 400 on Monday in the foreign exchange market, the forint-euro exchange rate set another record low on Tuesday, reported Magyar Hang. The Hungarian…
The Hungarian forint began to fall after Viktor Orbán’s announcement late on Wednesday that the government would impose special taxes. Portfolio reported that the euro…
On Monday, the euro exchange rate slumped to 400 forints, with analysts saying that many investors were trying to get rid of riskier regional currencies.…
The Hungarian forint traded at 400 against the euro yesterday, writes business site Portfolio. The forint stated trading at 388 on Monday morning, but soon…
The weakening of the forint that began last week continued on Monday morning, setting new historical lows for the Hungarian currency. The exchange rate against…
The Hungarian National Bank (MNB) raised the base interest rate 0.3%, from 1.8% to 2.1%, to take effect on Wednesday, writes 24.hu. Most analysts expected…
The Hungarian forint is trading at 367.07 Ft against the Euro and 320.78 Ft. against the dollar, an eight-month low, and at a 19-month low…