Hungarian Forint Stable As Markets Await Bond Issue Results
- 29 Jul 2010 2:00 AM
"The Hungarian forint has remained stable overnight vs. the euro at 283 amid hesitant optimism in global markets as there has been no high-impact local news to create a new trend for the national currency.
The results of 3-year, 5-year and 10-year government bond auctions, which typically serve as an acid test of investor confidence, will not be available until 11:30 a.m. CET."
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