Bloomberg News

Hungarian Forint Erases Advances Versus Euro, Drops Fifth Day

October 19, 2011

Oct. 19 (Bloomberg) -- The forint erased gains against the euro, heading for a fifth straight day of losses.

Hungary’s currency depreciated less than 0.1 percent to 297.06 against the European common currency by 4:03 p.m. in Budapest, after earlier rallying as much as 0.9 percent.

--Editors: Linda Shen, Ana Monteiro

To contact the reporter on this story: Andras Gergely in Budapest at agergely@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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