By Yon Pulkrabek
Oct. 15 (Bloomberg) -- The Hungarian forint extended losses against the euro as European emerging-market currencies dropped.
The forint fell as much as 3.4 percent to 262.48 per euro and was at 261.25 at 9:41 a.m. in Budapest. The forint has lost 7.3 percent versus Europe's common currency this month, making it the second-worst performer among the 26 emerging-market currencies tracked by Bloomberg.
To contact the reporter on this story: Yon Pulkrabek in Prague at ypulkrabek@bloomberg.net
Wednesday, October 15, 2008
Hungarian Forint Extends Loss Versus Euro, Drops for Second Day
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