Forint strengthening continues
After historic lows against the EUR, USD and CHF in the last few weeks, the Hungarian forint has been strengthening for a while and reached important milestone yesterday.
Yesterday evening you could buy an American dollar (USD) for only 391.55 forints, the highest currency exchange rate for a long while. Meanwhile, the euro was 404.87, almost 3 forints higher than in the morning (401.88), atv.hu wrote.
CHF: 407.30 in the morning and 415.38 in the evening of Friday.
Thanks to the good news coming from Brussels about a close agreement over the EU funds, many believe the strengthening trend of the forint will remain for the time being.
Read alsoHungarian forint: the situation is promising, serious strengthening is expected
Source: atv.hu
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Hungary’s largest design festival Budapest Design Week kicks off
Top Hungary news: Minister’s offensive remarks, drastic HÉV cuts, Budapest’s dessert, traffic restrictions — 10 October, 2024
Warning: Traffic and public transport disruptions expected in Budapest this weekend due to marathon and football match
Cerbona completes EUR 2.5 million capacity expansion
Attention: Major lane closures coming to key Hungarian motorway, delays expected
Budapest’s Dessert of the Year announced – Available for tasting this Friday!
