The dollar, which would usually be expected to strengthen as interest rates increase, also declined.
Since last Friday, the dollar has declined by 3.5 percent against the mark.
They believe that the dollar can decline further from here.
But he argued that changed economic factors are the main reason the dollar has declined recently.
As the dollar declined, both gold and silver prices rose.
Since then, the dollar has declined by about 40 percent against other major currencies.
The dollar declined on worry over high foreign interest rates.
But as the dollar has declined, some of the Hungarian business seems to be coming back.
As the American economy slowed last year it was thought that the dollar would decline in value.
But when they are lifted, the dollar might decline again.