16 Dec CEE MARKETS-Forint slips as dovish Hungarian central bank eyed for guidance
The forint fell 0.4% on Tuesday,
weakening beyond a key level against the euro, with investors on
alert for potential changes to the Hungarian central bank’s
unconventional policy toolkit.
Other central European currencies also dropped, although
the forint led losses, while stock markets were mixed.
Hungary’s central bank, the most dovish in the region, is
expected to keep interest rates on hold on Tuesday, with a poll
seeing hardly any tightening through
weakening beyond a key level against the euro, with investors on
alert for potential changes to the Hungarian central bank’s
unconventional policy toolkit.
Other central European currencies also dropped, although
the forint led losses, while stock markets were mixed.
Hungary’s central bank, the most dovish in the region, is
expected to keep interest rates on hold on Tuesday, with a poll
seeing hardly any tightening through
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