Headline Details

CEE MARKETS-Hungarian forint sinks to record low, underperforming region

Published on: Wed, 11 Sep 2019 9:08:34 UTC
News Agency: Reuters
Description:
The Hungarian forint fell 0.2% on Wednesday morning to a record low of 332 to the euro, underperforming other central European currencies. At 0834 GMT, the forint traded at 332.1 versus the euro, extending its losses for the year to more than 3%, the worst in the region. Traders said the forint had decoupled from other central European currencies in recent days. Economists at Erste Investment said foreign players unwinding stock ma

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