Hungarian Forint Hits Record Low Against Euro

01/05

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The Hungarian currency has hit record low against the euro this Wednesday with climbing up to 320 forints for one euro during the day. Here, an exchange office states its current exchange rates in the Hungarian capital's busiest shopping street.

02/05

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Exchange kiosks sold the euro for 321 forints during early afternoon in Váci street, a busy tourist area in downtown Budapest.

03/05

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In the absence of the IMF-EU safety net the Hungarian currency could easily pass today's record. People pass by at an exchange kiosk in downtown Budapest.

04/05

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Besides the euro, the US dollar has also hit a three year high against the forint. During early Wednesday afternoon a dollar was worth 247 forints in the streets of Budapest.

05/05

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The Hungarian forint has been the worst performer among the regional currencies in the past weeks.

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The Hungarian forint has hit record low against the euro amid fears that the government's unorthodox policies will put serious hurdles in front of the upcoming loan talks with the EU and the IMF. Budapest, Hungary. 4th January 2012