Hungarian currency slightly stronger, auctions coming

Published May 2nd, 2007


Hungarian forint shows slight strengthening compared to the euro, so far this morning. It trades between 247.50-247.70 forints/euro on the interbank market, which means that the forint is 0.5% stronger than yesterday during the day, when it felt the effect of the Turkish crisis.

The 3 and 6-month T-bills will be auctioned today in Hungary, the amount offered is HUF 30 million from both papers.





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