• Coronavirus in Hungary
  • coronavirus
  • Budapest
  • Covid immunity certificate in Hungary
  • Covid immunity certificate/vaccine passport
  • Hungary border control
  • HelloMagyar
Forint weakens 5.7 pc to euro in yearForint weakens 5.7 pc to euro in yearForint weakens 5.7 pc to euro in yearForint weakens 5.7 pc to euro in year
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Support us
Daily News Daily News · 02/01/2015
· Business

Forint weakens 5.7 pc to euro in year

economy forint

 Budapest (MTI) – The forint weakened nearly 18 forints or 5.7 percent to the euro between the end of 2013 and 2014, based on the last official fixing of the National Bank of Hungary (NBH). The weakening could affect the targeted reduction of Hungary’s Maastricht-conform year-end state debt.

The official fixing rate was 314.89 forints to the euro on December 31, 2014 as against 296.91 at the end of 2013. Official statistics, among them government debt calculations convert the foreign currency items into forint at the official NBH fixing rates.

The forint weakened by 2.4 percent to the euro from the end of November when the euro traded on average at little below 307 forints.

NBH statistics released on Wednesday showed that Hungary’s Maastricht public debt stood at 80.3 percent of gross domestic product (GDP) at the end of the third quarter this year, as against 77.3 percent at the end of 2013.

Photo: www.infoszfera.hu

Source: http://mtva.hu/hu/hungary-matters

economy forint
Share
Daily News
Daily News

Related posts

04/07/2022

Economic committee hears candidate for Hungarian State Audit Office head


Read more
04/07/2022

Finance minister Varga: Opposition proposals would boost spending by EUR 11.5 bn – UPDATE


Read more
woman, home, relax, homeoffice
04/07/2022

This Hungarian city may introduce the 4-day workweek


Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.


Latest news
  • John Malkovich performs again in Budapest
  • Hungarian forint has been hammered again: HUF has hit a new historic low! – UPDATE
  • New Hungarian licence plates are here! – PHOTOS
  • Hungary does not approve of giving Russia and China a similar threat level

About us

Contact us

© 2022 DailyNewsHungary. All rights reserved!
Posting....