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View Full Version : Forint Set for Biggest Two-Day Drop in Three Months on Rate Cut - Bloomberg



NewsWhore
08-29-2012, 04:30 AM
Forint Set for Biggest Two-Day Drop in Three Months on Rate Cut (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG6eJ6tCuT8BuPGE3VtmmPdu6l9oA&url=http://www.bloomberg.com/news/2012-08-29/forint-set-for-biggest-two-day-drop-in-three-months-on-rate-cut.html)
Bloomberg
Hungary's currency depreciated 0.7 percent to 282.84 per euro by 10:06 a.m. in Budapest, extending its two-day decline to 1.8 percent, the steepest drop on a closing basis since the two days through May 23. The government's benchmark three-year bonds ...

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