Forint extends gains after Hungary central bank holds rates
The forint rose to its highest level this month after the National Bank of Hungary left the base interest rate unchanged following prior cuts and raised its 2027 inflation forecast.
By Krisztina ThanThe forint extended gains on Tuesday to touch its highest level this month after Hungary's central bank left the country's base interest rate unchanged, following a series of cuts, and raised its 2027 inflation forecast.The National Bank of Hungary (NBH) also said it would lower it…