Forint recovers after reaching new low

The forint traded at 380.77 to the euro around 5.30pm on Wednesday, regaining some ground after hitting a new record low of 383 earlier in the day.

The forint weakened from 376.15 to the euro late Tuesday.

It fell to 343.41 from 329.35 against the dollar and slipped to 372.29 from 367.98 to the Swiss franc.

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