Hungarian Forint Weakens
- 29 Aug 2014 9:00 AM
The forint traded at 315.77 to the euro late Thursday, a three-week low, down from 312.67 the previous day. Developments in Ukraine and betterthan- expected US economic data which market players say underpin expectations for a Fed rate hike, making emerging market assets less attractive, were possible reasons for the weakening, according to market players.
Source www.hungarymatters.hu
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