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Warsaw – Hungarian Forint
It hit a one-year high against the euro on Monday, while
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The Polish Zloty was the strongest in 10 months like
Steady inflation in the region dampened interest rate expectations
cutbacks.
Polish inflation fell less-than-expected in March, while
The Census Bureau data showed that core inflation continued to rise,
Make the markets back down from their expectations of lower interest rates. in
Price growth in Hungary remained above 25%, which indicates an upward trend
Interest rates may remain high for a longer period.
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The Polish currency also got a boost last week when
The country’s current account surplus came in much higher
The outlook, supported by strong export growth.
We have some positive domestic arguments, I mean the latest
Data about the current account balance … but also
The character of stubbornly high inflation erases one of the
This year’s interest rate cuts have been priced in, of course
Currency help,” Mateusz Sutović, Financial Market
Millennium Bank analyst, he said.
At 1136 GMT, the zloty was 0.24% stronger against the euro
at 4.628, while the forint was more stable by 0.63%, at 371.25.
The Hungarian forint is strong today because of the rally
Interest rate progress Hungary… Inflation data published
Last week means that the market does not expect a rate cut
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Prices at the monthly price meeting next week,” a coin trader said
Budapest said.
The Central Bank of Hungary left the quick deposit rate at
18% on Monday.
In the Czech Republic, where the Central Bank is also located
He sought to dampen expectations of rapid cuts in interest rates, and
The crown was 0.25% weaker, at 23.38.
Stocks were mainly higher across the region, with the main
Indicators in Budapest and Warsaw increased by 0.78% and
0.46%, respectively, while the PX in Prague was negligible
change.
In Warsaw, CCC footwear and apparel retail sales are up
more than 3% after its chief executive said he expected double digits
Sales growth this year and margins improvement, as a dilution
Inflation should give consumers more purchasing power.
CEE SNAPSHO AT
T markets 1336
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CET
the currency
IES
Latest Daily Change Preview
s
Bid closing change in 2023
EURCZK Czech
EURHUF Hungary
Polish EURPLN
EURRON Romanian
EURRSD Serbian
Note: Calculated from 1800
daily CET
changes
Latest Daily Change Preview
s
A change soon in 2023
.PX Prague 1418.12 1418.37 -0.02% +18.01
00%
BUX Budapest 43624.7 43285.2 +0.78% -0.39%
3 3
.WIG20 Warsaw <.wig20>
.BETI Buchares 12459.8 12459.8 +0.00% +6.83%
R 5 5
.SBITO Ljubljan <.sbito p a>%
Belex Belgrade <.belex>
.SOFIX Sofia <.sofix>
Distribute the return on the daily return
(View) Change vs. Bond Change
in
Czech spread
Republic
CZ2YT = 2 years
CZ5YT = 5 years
CZ10YT
Poland
PL2YT = 2 years
PL5YT = 5 years
PL10YT
straight ahead
3×6 6×9 9×12 3m
entropy
nk
czech
Hungary
Poland
Note: for the question
of prices
quotes
**********************************************
********************
(Reporting by Alan Scharlich in Warsaw and Poldisar Gyuri in
Budapest. (Editing by Shounak Dasgupta and Shilpi Majumdar)
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