Another historical low for the Hungarian forint

The forint weakened to an all-time low against the dollar on Friday.

Shortly before 1:00 PM on Friday, the forint weakened to a historical low against the dollar. Meanwhile, the euro was also close to a record high. The Hungarian currency also lost a lot against the currencies of the region.

The forint just crossed the 376.829 level against the dollar, which can well be considered a historical record, according to Napi.hu. In practice, this means that the forint has never been worth so little. Even against the euro, it is only a stone’s throw away from the 400 forint psychological limit.