2012.08.04. 20:32
Hungary forint at its strongest in 2012
Budapest, July 30 (MTI) - The Hungarian currency traded at 279.47 against the euro on the interbank forex market on Monday afternoon.
Budapest, July 30 (MTI) - The Hungarian currency traded at 279.47 against the euro on the interbank forex market on Monday afternoon.
Earlier in the day, the forint had firmed to 279.23, marking the currency s strongest position since the beginning of the year, from around 281 on Friday.
On Monday afternoon, the forint traded at 232.65 against the Swiss franc, and at 228.60 against the US dollar.
The forint s strengthening is attributed to increased market confidence related to positive expectations around Hungary s talks with the EU/IMF.