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USDHUF United States Dollar vs Hungarian Forint

388.41
-0.89 (-0.23%)
Last Updated: 05:34:41
Delayed by 15 minutes
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
  -0.89 -0.23% 388.41 388.21 388.61 388.63 388.28 390.085 0 05:34:41

Hungarian Forint Rises Against U.S. Dollar After Hungary Rate Hike

27/09/2022 10:00am

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US Dollar vs HUF (FX:USDHUF)
Forex Chart


From Dec 2021 to Dec 2024

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The Hungarian forint advanced against the U.S. dollar in the European session on Tuesday, as Hungary's central bank lifted its benchmark rate at a sharper-than-expected pace.

The Monetary Council, led by Governor Gyorgy Matolcsy, hiked the base rate by 125 basis points to 13.00 percent from 11.25 percent.

The overnight deposit rate was increased by 125 basis points to 12.50 percent and both the overnight and one-week collateralised lending rates were raised by 125 basis points to 15.50 percent.

The Hungarian forint edged up to 419.72 against the greenback from Monday's close of 424.75. The Hungarian forint is seen finding resistance around the 404.00 level.

1 Year US Dollar vs HUF Chart

1 Year US Dollar vs HUF Chart

1 Month US Dollar vs HUF Chart

1 Month US Dollar vs HUF Chart

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