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Article: Hungarian retail fuel prices seen declining over week on global price fall, weak USD.
- Article from:
- Hungary Business News
- Article date:
- February 19, 2007
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Hungarian retail fuel prices seen declining over week on global price fall, weak USD
BUDAPEST. FEBRUARY 19. INTERFAX CENTRAL EUROPE - Hungarian retail fuel prices are expected to decline by a few forints per liter this week, as a small downward correction in international fuel prices last week is seen amplified by the weakening of the US dollar against the Hungarian currency, business portal portfolio.hu reported.
International quoted prices of gasoline fell 1.9% last week, while in HUF terms the drop amounted to 3.5% due to currency movements. Diesel fuel prices on global markets fell 3.6% in USD terms in the past week, translating to a 5.2% fall in ...