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Forint Weakness Due To Gas Prices (Gulyas)

HUNGARY
  • *HUNGARY CABINET DISCUSSED ECONOMY IN 10-HOUR MEETING: GULYAS
  • *HUNGARY'S ECONOMIC FUNDAMENTALS `STRONG,' CABINET MINISTER SAYS
  • *HUNGARY COMMITTED TO CUTTING BUDGET GAP IN 2022, 2023: GULYAS
  • *HUNGARY FORINT WEAKNESS DUE TO GAS PRICES, WAR, MINISTER SAYS
  • *HUNGARY'S TALKS WITH EU ON FUNDING AT `ADVANCED STAGE:' GULYAS
  • *HUNGARY ACCEPTED EU DEMANDS IN FOUR KEY AREAS, GULYAS SAYS (BBG)
  • Selling pressure on HUF remains elevated despite NBH 200bps hike on the 1W depo rate; EURHUF is now trading higher than prior the NBH decision.

Source: Bloomberg/MNI

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