Forint Strengthens To Two Year Peak

  • 24 Aug 2017 10:40 AM
Forint Strengthens To Two Year Peak
The forint strengthened to nearly Ft 302 per euro on Wednesday afternoon, hitting a two-year peak, Portfolio underlined. The performance of the forint is outstanding, because its regional peer the Polish zloty weakened 0.3% against the euro and the Czech crown also lost 0.1% against the European currency on Wednesday.

According to analysts, if the forint strengthens further or remains at its present strong level then the MNB will be forced to take measures to weaken it, Portfolio highlights.

Source: Hungary Around the Clock

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