12 Dec CEE MARKETS-Forint hits 6-week high as FX gain after British vote
Hungary’s forint rose to
a six-week high on Friday as Central European currencies firmed
after British Prime Minister Boris Johnson’s resounding election
victory and progress in U.S.-China trade talks lifted sentiment.
A win for the Conservative Party was expected to clear
political gridlock over Britain’s exit from the European Union,
which would clear up uncertainty hanging over Europe’s
economies.
“This has
a six-week high on Friday as Central European currencies firmed
after British Prime Minister Boris Johnson’s resounding election
victory and progress in U.S.-China trade talks lifted sentiment.
A win for the Conservative Party was expected to clear
political gridlock over Britain’s exit from the European Union,
which would clear up uncertainty hanging over Europe’s
economies.
“This has
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