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The Forint Is in Bomb Shape - Could Another Big Turn Come?
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The forint weakened significantly on Wednesday due to the Iranian war tensions, but since then the Hungarian currency has started to recover: it strengthened by nearly 0.8 percent against the euro yesterday and another 0.2 percent today. The exchange rate against the dollar is around 311.5. Today, in addition to European economic data, it is also worth paying attention to Iranian-American developments.
·Budapest, Hungary
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