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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.47 | 0.13% | 359.64 | 359.47 | 359.81 | 361.57 | 358.27 | 359.0925 | 0 | 20:33:18 |
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 Month US Dollar vs HUF Chart |
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