The Hungarian currency fell to a record low against the euro in light post-holiday volumes on Monday, with traders looking past hawkish comments from central bank Governor Gyorgy Matolcsy.
The forint was down 0.6% on the day, trading at 371.37 against the euro at 11:20 a.m. in Budapest. It briefly tumbled to an all-time low of 384.37 earlier on Monday amid low liquidity as U.K. markets are closed one day after Boxing Day.
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December 27, 2021 at 06:03PM
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Forint Tumbles in Thin Trading, Defying Matolcsy's Hawkish Tone - Bloomberg
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