Hungary’s Forint Dips On Rate Worries
- 14 Feb 2014 8:00 AM
Hungary’s forint dipped to its lowest rate against the euro in more than a week amid speculation Hungary’s central bank will cut interest rates when it meets next Tuesday. The forint traded at 311.03 to the euro late on Thursday, down from 308.96 late Wednesday. Its intraday low of 313.07 was a nine-day nadir.
Source www.hungarymatters.hu
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