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Tavid stopped buying Hungarian Forint

Published by Kirke Sööt in category Financial news on 16.10.2008
Gold price (XAU-EUR)
2220,27 EUR/oz
+ 18,95 EUR
Silver price (XAG-EUR)
26,94 EUR/oz
+ 0,19 EUR

Today, 16th of October, Tavid stopped buying Hungarian Forint because Forint’s turnover is relatively small and its rate is moving too much. The whole situation is also influenced by the overall unstable monetary market situation – last week Tavid stopped buying Icelandic krona and today this currency is worthless outside Iceland.

“When the state of Hungarian currency stabilizes, Tavid will definitely continue to exchange it,” announced Tavid’s Foreign Currency Dealer and Member of the Supervisory Board Lauri Haasma. “At the moment we recommend to people travelling to Hungary to take other currencies (mainly Euro),” Haasma added.

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