Forint rises as economy emerges from recession

Source: Bloomberg
© Scanpix/FP
The Hungarian currency advanced to the highest level in three months on Thursday spurring Goldman Sachs Group Inc. to change its trade recommendation of selling the Forint against the Euro as the economy emerged from contraction. The Forint increased by 0.6% and it was traded 0.1% higher at 289.21 per Euro as of 5:04 p.m. Budapest time.

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Thu, 23 May 2013 13:32:04 GMT

U.K. GDP expands as expected by 0.3% in Q1

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