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USDHUF United States Dollar vs Hungarian Forint

359.64
0.47 (0.13%)
Last Updated: 20:33:18
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
  0.47 0.13% 359.64 359.47 359.81 361.57 358.27 359.0925 0 20:33:18

Hungarian Forint Tumbles To 6-week Low Against US Dollar

15/12/2009 1:03pm

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US Dollar vs HUF (FX:USDHUF)
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The Hungarian forint staged a sharp fall against the US dollar in early European session on Tuesday following the Central Statistical Office report showed that Hungary's industrial production decreased a working day adjusted 10.8% year-on-year in October.

The figure confirmed the preliminary estimates-report said. On a monthly basis, industrial production climbed a seasonally adjusted 1.8% in October, also unchanged from preliminary estimates.

The statistical office also said that industrial export sales dropped 11.3% annually in October, while industrial domestic sales were down 11.7%.

The forint that closed yesterday's deals at 187.13 against the greenback plunged more than 2 percent to touch 190.95 around 7:30 am ET. This set the lowest level for the domestic unit since November 3rd and a drop below the 192.7 support may bring it to its lowest level in more than 3 months.

1 Year US Dollar vs HUF Chart

1 Year US Dollar vs HUF Chart

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1 Month US Dollar vs HUF Chart

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