Saturday, September 6, 2014

Hungary's Forint Plunges to 27-Month Low as Ukraine Unrest Hits Trade


Hungary's Forint Plunges to 27-Month Low as Ukraine Unrest Hits Trade


The Hungarian forint has ended its eleventh straight week of losses as escalating tensions on the Russia-Ukraine border have badly hit Hungary's trade. The USD/HUF pair on Friday rose to as high as 242.695, a 27-month high, but the overall drop in the euro ...



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