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Why Forint Hit Two-Year Low Against Dollar

• 25 Nov 2024 6:57 AM
• Hungary Around the Clock

The forint weakened from Ft 389 per dollar to Ft 392 on Friday, the currency’s weakest level in over two years.

After the US imposed sanctions on Gazprombank on Friday, the dollar strengthened against the euro to under $1.05, which was also reflected in the forint weakening against the American currency, Portfolio writes.

The forint weakened against the euro from Ft 410 to Ft 411 on Friday.

Stock Photo - for illustrative purposes only

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