There Is No Stopping, the Forint Continues to Strengthen
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The forint strengthened against both the euro and the dollar in international currency trading on Friday. The exchange rate is mostly influenced by the dollar, which has hit a three-month low against the euro following the US bond market intervention. Since there is a bank holiday in Hungary due to the holiday, the interbank market is closed: all this causes illiquidity in forint trading.
The forint strengthened against major currencies in international foreign exchange trading on Friday morning compared to its previous afternoon quotation.
Compared to the beginning of the year, the forint is stronger against the euro, the dollar and the Swiss franc. The post The forint became stronger on Friday morning first appeared on 24.hu.
It has gotten stronger at night now.
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