Hungarian Forint: A foggy forecast for forint exchange

- By FX Markets Staff
- @FXMarkets_
- 17 Apr 2006

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The country faces serious structural and economic problems that are unlikely to be solved by the coalition of the Socialists with the liberal Free Democrats, which is likely to form the new government. This will produce uncertainty for the currency and could lead to a significant fall in value, according to market observers.

The track record of both the Socialists and their main opposition, Fidesz, indicates that they are unlikely to make changes necessary to address structural problems in the

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