Economy / Hungary
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Currency Risks Set To Rise Over Medium Term
July 2008 | Currency ForecastSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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We believe that the Hungarian forint has further to go in its present bull run after gaining 13.5% against the euro since early March. Having broken through a key resistance level at HUF230.50/EUR and trading at a record HUF229.41/EUR on July 7, the forint could move to HUF225.00/EUR in the short term.