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Forint Gains as Hungary Economy Grows at Fastest Pace in 7 Years

The forint advanced the most in more than a week after a report showed Hungary’s economy accelerated at the fastest pace in seven years, easing the need for the central bank to take more steps to boost the recovery.

The currency appreciated as much as 1 percent, the biggest intraday gain since Feb. 6, before trading 0.5 percent stronger at 309.26 per euro by 5:05 p.m. in Budapest. The economy grew