Hungary’s Forint Stronger On Interbank Market
- 7 Feb 2014 8:00 AM
The forint traded at 306.86 to the euro late Thursday, up from 309.44 late Wednesday. At the start of the week the Hungarian currency reached an almost 25-month low at 314.33.
The oversubscription of government bonds and a return of risk appetite to global markets helped aid the Hungarian unit’s recovery, traders said.
Source www.hungarymatters.hu
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