Forint To Appreciate

October 2011
Emerging Europe Monitor: Central Europe & Baltic States;Oct2011, Vol. 18 Issue 10, p1
Country Report
The article reports that the Hungarian forint has declined by 4.2 percent due to the market turmoil caused by the eurozone sovereign debt crisis. It mentions that the economic recovery of Hungary fell in the second quarter to 1.2 percent gross domestic product (GDP). Furthermore, the forint downfall trajectory provides a great risk to the Hungarian economy.


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