Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
Meanwhile, the Budapest BUX share index was up 0.30% at 22,130.52 at noon on Monday, after euro-zone leaders reached an agreement with Greece on a third bailout package for the country.
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