Hungary’s economy is projected to turn around shortly, and the forint will strengthen.
The chief economist of ING Bank, Péter Virovácz, provided an appraisal on the outlook for the Hungarian forint and the national economy. Although the recession currently dominates Hungary, he predicted that it will soon end. In 2023, Hungary’s GDP might grow by 0.7 percent, which would be favorable for the forint’s exchange rate. According to […]