Expert analyzed Blikk's strange behavior for forint

World politics has become turbulent, what does it affect the exchange rate of the forint, which also determines our everyday life?

Or After Donald Trump's election last November The dollar strengthened significantly, which the forint suffered very much, the dollar rose from 380 to 400 forints and the euro to 415. Since then, however, he has gone back to where he was before the American election.

Are you staying anyway now?

– The question is what further changes are expected in world politics and the world economy. News about reporting US duties For example, the exchange rate of the forint has not been moved, although if America is up to 25 percent to the European Union, it will have a major impact on the Hungarian economy. However, the forint has not felt these events so far.

If the war ended or at least a ceasefire could it be strengthened for the forint?

– Logically this would follow, but otherwise in the current otherwise uncertain situation Current exchange rate is strong in the last half year. Sometimes the forint behaves very particularly particularly. In 2022, for example, he was very surprised by the analysts when euro ranked up to 440 forintsand everyone said he would stay over 400 in 2023. Compared to this, it moved between 380-390. No one understood why, since did not see the end of the war in Ukraine.

But now it seems and closer. Is it worth waiting for a currency purchase?

– Bad news can cause great fluctuations in the market, but good news is only slowly integrated into the exchange rate. We cannot calculate, What changes can be in the next months in world politics, so it is very difficult to speculate nowi. The current exchange rate is strong, luckily it may go down, anyway, anyone who has just changed euro is not to feel the world loser, because we really can't see anything ahead.