CEE markets stay calm despite tensions in Ukraine …
… demand at bond auctions exceeds expectations
CEE currencies showed yesterday that contagion from Ukraine has not spread to Central Europe, at least for the time being. The Polish zloty together with the Czech koruna oscillated within a narrow band around their today´s values. The forint slightly eased but still remains relatively strong, which may encourage doves in the NBH to push through yet another rate cut at the rate-setting meeting next week.
Read the full report: FX Daily
KBC