Forint recovers after decline
On Monday morning, the Hungarian forint attempted to strengthen, followed by the National Bank’s decision to lower interest rates, and the central banker’s briefing in the afternoon. The afternoon hours saw increased activity on the domestic currency market, with both domestic developments and international events (US tariffs, rising oil prices) influencing the reactions.
In the morning, the Hungarian forint attempted to strengthen, followed by the National Bank’s decision to lower interest rates in the afternoon, and the announcement by the central bank governor. The afternoon hours were more eventful on the domestic currency market, with both domestic developments and international events (US tariffs, rising oil prices) influencing the reactions.
