Scioccante: Fiorino in caduta libera, minimi storici contro dollaro americano, GBP, CHF, PLN!
Shocking: Forint in free fall, historic lows against the American dollar, GBP, CHF, PLN!
di GPwat
Scioccante: Fiorino in caduta libera, minimi storici contro dollaro americano, GBP, CHF, PLN!
Shocking: Forint in free fall, historic lows against the American dollar, GBP, CHF, PLN!
di GPwat
6 commenti
***TLDR***
The Hungarian forint has fallen to historic lows against several major currencies, including the US dollar, Swiss franc, British pound, and Polish zloty. Currently, the forint trades at 395.5 per USD, 444.13 per CHF, 495.5 per GBP, and 94.7 per PLN, indicating ongoing currency devaluation. This decline is attributed to a strong dollar, weak Eurozone PMI, and global market pressures on emerging currencies. Despite previous interventions by Hungary’s National Bank, the forint remains volatile. Meanwhile, the Budapest Stock Exchange’s BUX index experienced modest gains, supported by increased shares of companies like OTP Bank and MOL.
how does it compare to romania slovakia, serbia for example?
Kind of pointless to compare with global leading currencies or the industrial behemoth Poland.
“Shocking” to whom?
fuck
No need to blame USD, even the Ukrainian money is much stronger than HUF.
How could that possibly happen? We have absolutely no clue! /s
Also [https://www.theguardian.com/world/2024/jan/29/secret-eu-plan-to-sabotage-hungarian-economy-revealed-as-anger-mounts-at-orban](https://www.theguardian.com/world/2024/jan/29/secret-eu-plan-to-sabotage-hungarian-economy-revealed-as-anger-mounts-at-orban)