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Hungary Default Swaps Fall Most In Month As Forint Gains On IMF

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"Hungary’s credit-default swaps fell 21 basis points to 609 basis points, the biggest decline since May 1. The forint appreciated 0.9 percent to 299.95 per euro by 2:33 p.m. in Budapest, strengthening for a third day. The benchmark BUX stock index rallied 1.7 percent, heading for the highest in more than two weeks, as Mol Nyrt. (MOL), Hungary’s biggest refiner, jumped 2.6 percent."


More from the source: bloomberg.com


07.06.2012




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