Crown and Forint Ease From Multi-Week Highs as Romanian Bond Demand Rises
Central European currencies paused near recent highs, while demand increased at a Romanian bond auction.
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11:32:43 AM UTC
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CEE MARKETS – Crown, forint off multi – week highs; demand up in Romanian bond auction
The Hungarian forint and Czech crown hovered around three-week highs as a slight rally by central Europe's currencies paused, with markets in risk-off mode as investors weighed prospects of a US interest rate hike.In Romania, where a solution to a political crisis appeared with a new government lik…