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Name | Symbol | Market | Type |
---|---|---|---|
United States Dollar vs Hungarian Forint | FX:USDHUF | Forex | Exchange Rate |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.07 | 0.30% | 360.24 | 360.04 | 360.44 | 361.57 | 358.27 | 359.0925 | 0 | 16:04:17 |
As widely expected, the Hungarian Central Bank on Monday decided to retain its key interest rate at 6 percent. The Hungarian forint slipped to a 4-day low of 190.49 against the dollar following the rate decision, down from Friday's close of 189.34. If the forint declines further, 194.0 seen as the next likely support level.
In January, the central bank raised the key rate by 25 basis points to its current level. The central bank resumed the rate hike in November after holding it steady for six meetings.
1 Year US Dollar vs HUF Chart |
1 Month US Dollar vs HUF Chart |
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