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The number of Hungarians converting their forint into currency has increased, which can obviously be explained by the fact that they expect the Hungarian currency to weaken even further even after the weakening.
In recent weeks, many people have suddenly converted their forints into coins. Looking for an alternative investment opportunity – said József Vida, CEO of Takarékbank at the Economist’s Wandering Meeting. According to Jelasity Radovan, President and CEO of Erste, there is evidence that average customers convert their money from HUF to foreign currency in the worst case.
In fact, the public may behave in the most unreasonable way possible (eg buying over and selling low on Jelasity’s recommended stock investments), but “currency takers” are not necessarily among the customers. more average.
At the end of the second quarter of this year, azénpénzem.hu calculated that cash in foreign currency was 15% higher, bank deposits in foreign currency 17% and deposits abroad 13% higher than in the same Previous period. In HUF (also in the case of kappa and deposits) the increase was also around 13 percent.
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