Forint: mirage vs market reality - Overview

Significant balance problems arose in the Hungarian economy in the past few years. A long-awaited reform of the public sector has not started yet and the Hungarian economy increasingly resorts to external capital. The forint’s exchange rate was fairly strong in the past few months despite the fundamental economic problems. However, as the currency’s strength lacked stable fundamentals, a rather uncertain situation started to take shape. A large part of the market expects the Hungarian currency t