befektetes-bankRussia delivered a brutal blow to a weapons exhibition – Zelensky blames the organizers
Ten people were killed in an attack by Russian forces on Friday, which used a ballistic missile.
Money, investment, and bank
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Featured Analysis
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.
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befektetes-bankThe price of oil is fluctuating, and the forint has depreciated.
Friday could be a correction day on the Hungarian forint market, as the rise in oil prices has stalled, which led to the weakening of the forint. The price of Brent has fallen, so the EUR/HUF exchange rate has experienced a significant correction from the approximately 365 level seen on Thursday. The expected cuts in interest rates by the Magyar Nemzeti Bank (MNB) could also support the forint, while traders are monitoring the situation in the Middle East and other international factors.
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