The forint could strengthen further, and the central bank could ease regulations significantly.
Despite the strengthening forint, it is not considered overvalued, and the central bank is expected to further ease monetary policy by another 100 basis points this year, according to the UniCredit’s regional press briefing. However, the Hungarian industry is not showing positive trends, while many other countries are already seeing signs of a turnaround. Central and Eastern Europe, particularly Hungary, is lagging behind in the adoption of AI in the corporate sector, despite the potential.
After its impressive rise, the forint is not considered overvalued, and the central bank may further ease monetary policy by another 100 basis points this year – according to UniCredit’s quarterly regional press briefing. Other areas are less positive for Hungary: industry is not a major driver in many regional countries, but in Hungary, the real turnaround is still to come. Meanwhile, Central and Eastern Europe is lagging behind in the use of AI in businesses, particularly Hungary, which has significant potential.
