15 Aug CEE MARKETS-Currencies rebound as risk sentiment improves
Central European currencies
gained on Friday, rebounding after China hinted at more support
for its economy and Argentine leaders signalled determination to
control an economic crisis.
Along with other risk-sensitive emerging-market assets,
central European currencies had been hit by worries over global
trade and the crisis in Argentina. Signs the region’s economies
were cooling heightened the pessimism.
“Sentiment for emerging market c
gained on Friday, rebounding after China hinted at more support
for its economy and Argentine leaders signalled determination to
control an economic crisis.
Along with other risk-sensitive emerging-market assets,
central European currencies had been hit by worries over global
trade and the crisis in Argentina. Signs the region’s economies
were cooling heightened the pessimism.
“Sentiment for emerging market c
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