Why Hungary's central bank can be relaxed about a weaker forint

BUDAPEST (Reuters) - The National Bank of Hungary has maintained its dovish monetary stance during the recent global market turmoil which has made the forint the worst performing currency in central Europe so far in 2018.After hitting a record low of 330.70 to the euro in early July, the forint has settled in a range around 322-325, about 4 to 5 percent weaker than levels it traded in the first quarter.This shift looks lasting. The Hungarian economy minister said last month the currency was..