Record Foreign Exchange Reserves Bolster Forint Stability Amid Geopolitical Risks

Mihály Varga, President of the Hungarian National Bank While the forint has been reaching new highs for months, Hungary’s foreign exchange reserves have risen to a historic record of €56.8 billion. Analysts believe that the high level of reserves signals to investors that Hungary’s risk assessment is more favorable, so that despite geopolitical tensions, no […] The post Record Foreign Exchange Reserves Bolster Forint Stability Amid Geopolitical Risks appeared first on Hungary Today .