Name: forint
SKU: forint

forint

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The Hungarian forint has come under pressure in the past few weeks. The USD/HUF exchange rate rose to 361, its highest point since November 1st last year. Similarly, the EUR/CHF pair soared to 395, its highest level in more than a year. The two have risen by over 7% from their lowest point in 2023. [&#8230;]

Here’s why Hungarian forint (HUF) is falling against EUR, USD

The USD/HUF exchange rate will be in the spotlight on Tuesday as the Hungarian central bank concludes its monetary policy meeting. The pair was trading at 351 on Tuesday, a few points above the November low of 342. It has retreated by more than 21% from its highest point this year. Hungarian central bank decision [&#8230;]

USD/HUF: Forint in focus ahead of Hungary rates decision

Europe has a sick child right at the heart of it &#8211; Hungary. While not a euro area member, Hungary is part of the European Union. It has a small economy compared to other countries in the area, but it also has a strategic geographical location in Central and Eastern Europe. The country battles high [&#8230;]

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Here’s why Hungarian forint (HUF) is falling against EUR, USD

Here’s why Hungarian forint (HUF) is falling against EUR, USD

USD/HUF: Forint in focus ahead of Hungary rates decision

USD/HUF price forecast: Higher interest rates unlikely to help the Hungarian forint