The economy is not growing as expected – What will happen to the forint?
The Hungarian economy grew more slowly than expected in the second quarter, while the trade surplus increased significantly in June. The forint was stable against the euro on Thursday morning, but weakened against the dollar. Significant exchange rate fluctuations were caused by Donald Trump’s statements regarding Iran and the Fed’s interest rate decision.
The Hungarian economy grew more slowly than expected in the second quarter, while the trade surplus increased significantly in June. The forint remained stable against the euro on Thursday morning, but weakened against the dollar. Significant movements in the exchange rates were caused by Donald Trump’s statements regarding Iran and the Fed’s interest rate decision on Wednesday.
