Hungarian Prime Minister Viktor Orbán said Friday the Trump administration is prepared to support his country’s currency, the forint, if it comes under attack from speculators, as the right-wing ...
The Budapest Stock Exchange jumped over 3% to a record high of more than 136,000 points on Monday as markets priced in the end of 16 years of Viktor Orbán’s time in power and the potential return of ...
The forint weakened after the Hungarian central bank unexpectedly lowered the interest rate on its foreign-currency swaps following one of the biggest emerging-market currency rallies this year.
The Hungarian forint was up more than 2% against the dollar on Monday, bucking a broad-based trend of dollar strength as traders cheered Viktor Orban's electoral defeat. "Hungary’s Orban saw a ...
It was a political earthquake heard across Europe, and markets responded immediately. On April 13, Hungary's forint (1) rose about 2% against the euro and about 1.6% against the dollar, hitting near ...
Hungary’s euro conversation has moved from the political margins back to the center of economic policy. Whether the forint ...