Hungarian Forint loses support against Euro amid external shocks and MNB easing

Commerzbank··HU·Read original
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Summary · why it matters

The Hungarian Forint has recently given back gains against the Euro as external shocks and an ongoing easing cycle by the Magyar Nemzeti Bank erode support, according to Commerzbank’s Tatha Ghose. The minutes of the central bank’s Monetary Policy Council meeting are seen as key for near-term direction.

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