Stocks in Prague outperformed the region, led by utility company CEZ. The zloty and the forint strengthened past psychologically important levels versus the euro this week on expectations of policy tightening in the CEE region, fuelled by higher-than-expected CPI data. The forint jumped to a nine-month high after the Hungarian central bank on Monday flagged a possible rate hike in June.
CEE MARKETS-Forint, zloty cap weekly gains, Prague stocks outperform as CEZ shares soar
2021-05-21T09:47:25-04:00May 21st, 2021|