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Tuesday 22 May 2012
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Forint Strengthens On Chinese Pledge To Purchase Hungarian Debt
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"The forint strengthened, rebounding after three weeks of decline, after Chinese Premier Wen Jiabao pledged over the weekend to buy Hungarian government debt. The currency gained 0.3 percent to 268.46 per euro as of 3:46 p.m. in Budapest, making it the best performer among more than 20 emerging-market currencies tracked by Bloomberg today."


More from the source: bloomberg.com


28.06.2011
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