After the closure of the interbank market, the forint was trading around 329 versus the euro and 296 versus the dollar, close to a 30-month low.

The forint extended losses last week on the escalation of the China-US trade war.

Even as market tensions eased on Monday, the Hungarian currency did not benefit from it. The forint underperformed regional currencies, as the Czech koruna appreciated by 0.3% and the Polish zloty by 0.5%.