Two-year high: the future of the forint according to analysts

Change language:

The Hungarian forint has climbed to a two-year high in recent weeks, and analysts at MBH Bank expect its momentum against the euro to hold through the rest of 2025 — a trend that could help ease inflation expectations.

Forint seen below 400 by year-end

Zoltán Árokszállási, head of MBH Bank’s Analysis Center, told reporters in Budapest on Wednesday that the bank forecasts an average annual HUF/EUR exchange rate of 401 in 2025, with the forint strengthening to 397.5 by year-end. For 2026, analysts project an average of 400.3.

The recent firming of the currency has been driven by both global and domestic factors: expectations of rate cuts by the US Federal Reserve, Hungary’s relatively high 6.5% base rate, and the central bank’s consistently tight monetary stance.

Slow growth now, faster recovery ahead

This year, Hungary’s economy has been supported by services, retail, and hospitality, while unfavorable weather hit agriculture and weak demand weighed on industry. MBH Bank projects GDP growth of just 0.8% in 2025, but sees a recovery in 2026, with external demand and renewed investment helping the economy expand by up to 3%.

read also: Forint reaches multi-year highs against major currencies as salaries continue to rise

Continue reading

One comment

  1. If you want to stay up to date with popular trends in Canada Casino Extreme is the place to be. It is the best website currently chosen by most players. Here, you can enjoy playing thanks to its innovative design and have an excellent opportunity to earn good money. Don’t fall behind, see why it is so successful.

Leave a Reply

Your email address will not be published.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