Forint hits a three-month high
Outcome of Czech early election is highly uncertain
While the Czech koruna lagged behind its peers and weakened by about 0.5 %, the Hungarian forint extended previous gains and hit yet another three-month high at 293.2 on Friday; the EUR/HUF strengthened despite the fact that government’s plan concerning conversion of loans denominated in foreign currencies is still veiled (let us recall that the banks have time to submit their own proposal by November 1st).
Read the full report: FX Daily
KBC