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Hungarian Forint Strengthens Against Euro, Pares Weekly Retreat

March 23 (Bloomberg) -- The forint strengthened after three days of losses against the euro, paring its weekly drop.

The currency appreciated 0.5 percent to 292.42 per euro as of 9:58 a.m. in Budapest, reducing its slump in the past five days to 1 percent.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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