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Medium-term outlook for HUF: Danske Bank

Quotes from Danske Bank: -We continue to believe that Hungary's fairly strong external position is likely to be supportive for the HUF in the medium term. -Furthermore, fairly strong growth and an expected pick-up in inf…

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Quotes from Danske Bank:

-We continue to believe that Hungary's fairly strong external position is likely to be supportive for the HUF in the medium term.

-Furthermore, fairly strong growth and an expected pick-up in inflation are likely to keep the carry on the forint relatively attractive, and we therefore continue to expect near-term appreciation of the forint.

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