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The forint is getting increasingly worse, falling to 365.
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The forint is getting increasingly worse, falling to 365.

The forint’s trading on Thursday initially stabilized, but the exchange rate weakened throughout the day due to the international mood and expectations regarding US labor market data. Important factors include the US-Iran negotiations, the price of oil, and expected interest rate changes by the Japanese and US central banks. The KSH’s unfavorable industrial and retail data also affected the forint, while demand for Hungarian government bonds remained stable.

Latest Dispatches

Numbers in a critical market have plummeted to a decade-long low: investors are fleeing. befektetes-bank

Numbers in a critical market have plummeted to a decade-long low: investors are fleeing.

Private lending in Asia has fallen to a historic low, with the region’s smallest amounts raised in over a decade. Investors’ caution, sparked by high-profile corporate failures, has led to a preference for large, experienced American fund managers. The Financial Times article analyzes this concerning trend.

Portfolio.hu - Befektetés
Will the euro actually arrive in 2031? - The impact of the common currency on SMEs is also a central topic at the Portfolio autumn entrepreneurship forum. befektetes-bank

Will the euro actually arrive in 2031? - The impact of the common currency on SMEs is also a central topic at the Portfolio autumn entrepreneurship forum.

Increasingly, support for the introduction of the euro in Hungary is evident, as reflected in the record-high approval ratings. Experts have pointed out that economic policy has not always focused on shock absorption, but rather on manipulating exchange rates. The Tisza government’s efforts to introduce the common European currency have achieved broad consensus. The Small and Medium Enterprises (SMEs) will discuss the issue in detail at a conference on September 9, from their perspective.

Portfolio.hu - Deviza
Brussels has reached a conclusion after an 11-year story, according to UniCredit. befektetes-bank

Brussels has reached a conclusion after an 11-year story, according to UniCredit.

The European Union has granted a narrow exemption from sanctions against Russia, which could allow UniCredit to finalize a deal involving Mikhail Fridman and Piotr Aven, two Russian businessmen, dating back to 2015. The easing is part of the EU’s latest sanctions package, according to Reuters.

Portfolio.hu - Bank
Nvidia has released news, and the company's stock price has immediately reacted! befektetes-bank

Nvidia has released news, and the company's stock price has immediately reacted!

The share price of Naver, a South Korean internet and cloud service giant, rose by nearly 9 percent on Monday after the company announced that it would use Nvidia’s $1 billion investment from its new shares to finance the construction of a new artificial intelligence-based data center.

Portfolio.hu - Befektetés
What is happening with the Hungarian forint? Is it losing popularity on the market? befektetes-bank

What is happening with the Hungarian forint? Is it losing popularity on the market?

Over the past few weeks, the forint has weakened against the euro and the dollar, with exchange rates falling to levels not seen since the elections. The weakening of the currency is due to international developments and the previous strong position. There is currently no reason for concern, as the fundamental factors remain favorable. The short-term outlook indicates a more favorable trend, but there are warning signs that could hinder the forint’s performance.

Portfolio.hu - Deviza
Tensions are easing, and the forint continues its winning streak. befektetes-bank

Tensions are easing, and the forint continues its winning streak.

On Monday morning, the forint started strengthening against the euro, following a decrease in pressure on the Hungarian currency on Friday. The euro’s exchange rate quickly fell below 360, and the question remains whether the easing of international tensions will be sustainable, as news from the Middle East remain unpredictable.

Portfolio.hu - Deviza