Hungarian Forint Falls To 3-month Low Against U.S. Dollar
2016年10月25日 - 7:18PM
RTTF2
The Hungarian Forint drifted lower against the U.S. dollar in
New York deals on Tuesday, after Hungary's central bank held its
key interest rate steady at a record low for a fifth straight
month, while lowering the lending rate.
The Monetary Council of the Magyar Nemzeti Bank held the base
rate steady at 0.90 percent, in line with economists'
expectations.
The overnight deposit rate, which was cut to negative in March,
was left unchanged at -0.05 percent.
The lending rate was cut by 10 basis points to 1.05 percent.
The Hungarian Forint that closed Monday's trading at 283.56
against the greenback declined to a 3-month low of 284.43. The next
possible support for the Hungarian currency is seen around the
287.00 mark.
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