Equity
Forint near historic lows against its regional counterpart
Today, there are no foreseeable events that will have a significant market-moving effect, and both domestic and international economic calendars are empty. There have been some minor fluctuations in the forint on Thursday morning, but there is no clear direction for the time being, with the euro trading around 388 forints, as it was yesterday evening.
The movement of the forint against the Polish złoty, its regional currency counterpart, is worth watching today. The forint could easily sink to a new historic low, and we have only seen a slightly weaker forint in the second half of 2022 than the current level.
The USD/EUR market is in its third day of correction, but the exchange rate is still well below the 1.08 level.
