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Analysts See Forint Staying Strong

• 18 Sep 2025 7:07 AM

Analysts of MBH Bank expect the forint, which has reached a two-year high against major currencies, to remain strong for the rest of the year, reducing inflation expectations.

Zoltan Arokszallasi, the lender's chief analyst, said at a press conference on Wednesday that the forint could trade at 397.5 to the euro at year-end and he put the average annual exchange rate at HUF 401.

He attributed the firmer forint to expectations for loosening by the United States Federal Reserve and Hungary's high base rate along with the central bank's stress on maintaining tight monetary policy.

Arokszallasi said the HUF/EUR exchange rate could average 400.3 in 2026.

MBH Bank analysts expect GDP growth to reach 0.8pc in 2025, as industry, agriculture and investments slump, but see a recovery in 2026, with growth as high as 3pc.

Arokszallasi said the general government deficit could reach 4.6pc of GDP in 2025, an improvement over the 4.9pc in 2024.

 

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com

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