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Forint eases and underperforms amid Middle East tensions

Hungarian forint weakened and lagged the region as Central European currencies were mostly stable in thin end-of-the-summer trading. The forint was pressured by Middle East tensions and rising oil prices.

EURHUF

Central European currencies were mostly stable on Tuesday in thin end-of-the-summer trading, with the Hungarian forint easing and underperforming the region as it was pressured by tensions in the Middle East and rising oil prices.