Central European Daily

Better U.S. GDP weighs on CEE currencies
CNB holds its rate-setting meeting

Higher than expected U.S. GDP growth in Q2 weakened CEE currencies yesterday, in spite of dovish comments by Fed Chairman Bernanke. The losses were led by the zloty, but the Czech koruna also eased by more than 0.5% ahead of today’s CNB Board meeting.

Read the full report: FX Daily

 

KBC