Regional currencies give up previous gains as the Ukraine-Russia conflict weighed on sentiment
Small upward revisions of the Polish and Czech GDP growth in 2014Q2
Central European currencies gave up their previous gains as the Russo-Ukrainian conflict entered into the new phase after Russian troops had started to be more openly involved in fighting. An almost 2% depreciation of the Russian rouble brought contagion to regional forex markets. Yesterday’s losses of the forint, the zloty and the koruna remained below 1%, though.
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