Hungary’s Forint Down Again
- 24 Jan 2014 8:00 AM
The forint was trading at 305.22 to the euro late Thursday, down from 302.55 late Wednesday. After a lull on Wednesday, the Hungarian currency led a decline in central European assets on Thursday as concern over weaker activity in China, a fall of Turkey’s lira to record lows against the dollar, and continuing upheaval in the Ukraine triggered some re-weighting to the detriment of emerging market assets.
Source www.hungarymatters.hu
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