Markets

Forint weaker than assumed in 2019 budget, to stabilise

Published June 13, 2018 Updated June 13, 2018 12:55pm

He said Hungary ran stable public finances and the region's economies were growing robustly, with Hungary projecting economic growth of 4.1 percent next year.

The forint traded at around 320 versus the euro on Wednesday. Varga did not specify the exchange rate assumed in the budget bill.

Copyright Reuters, 2018