Bloomberg News

Hungarian Forint Strengthens, Snaps Five-Day Rout Against Euro

May 10, 2012

Hungary’s forint strengthened against the euro, snapping a five-day retreat to its lowest level in two weeks.

The forint appreciated 0.4 percent to 289.13 per euro as of 9:11 a.m. in Budapest. It slipped 2.4 percent in the previous five sessions.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

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


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