CEE MARKETS-Higher energy prices pressure FX
WARSAW, Nov 13 (Reuters) - The Czech crown touched a five-week low on Friday and other Central Eastern European currencies slipped, as energy prices rose and data showed a mixed picture in terms of economic growth in the region.
The dollar held near 19-month highs on Friday and was set for its biggest weekly rise in two months.
"The CEE market remains under pressure. Yesterday's surge in energy prices and new lows in the EUR/USD pair are pushing regional FX to new lows," ING analysts wrote.
The Czech crown eased 0.1% to 24.4010 against the euro at 0946 GMT, its weakest level in more than a month.
Minutes published on Friday showed Czech central bankers voted narrowly 4-3 to lift its main rate to 4.00% last week, but agreed a hike would not mark the start of a tightening cycle.
Third-quarter gross domestic product (GDP) growth in Poland slowed, but remained solid compared to central European peers, with Romania's economy just avoiding contraction and Slovakia's growth slowest since 2022, data showed on Friday.
The Polish zloty traded down 0.1% at 4.4065 per euro, with analysts pointing to global factors, as it remained on the firmer side of a three-year low of 4.4290 hit in early November.
The Hungarian forint edged 0.04% lower to 365.75 per euro, with a Budapest-based trader pointing at higher energy prices as a possible driver.
Romanian leu eased 0.03% against the euro to 5.3490.
CEE MARKETS SNAPSHOT AT 1046 CET | |||||
CURRENCIES | Latest trade | Previous close | Daily change | Change in 2026 | |
Czech crown | 24.4010 | 24.3850 | -0.07% | -0.96% | |
Hungary forint | 365.7500 | 365.6000 | -0.04% | +5.09% | |
Polish zloty | 4.4065 | 4.4035 | -0.07% | -4.33% | |
Romanian leu | 5.3490 | 5.3475 | -0.03% | -4.77% | |
Serbian dinar | 117.5000 | 117.6000 | +0.09% | -0.17% | |
Note: daily change calculated from 1800 CET | |||||
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STOCKS | Latest | Previous close | Daily change | Change in 2026 | |
Prague | .PX | 2634.57 | 2627.0000 | +0.29% | -1.90% |
Budapest | .BUX | 146159.43 | 146252.73 | -0.06% | +31.64% |
Warsaw | .WIG20 | 4299.21 | 4279.50 | +0.46% | +35.02% |
Bucharest | .BETI | 34483.38 | 34460.76 | +0.07% | +41.10% |
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BONDS | Yield (bid) | Yield change | Spread vs Bund | Daily change in spread | |
Czech Rep 2-year | 4.3420 | 0.0272 | +121bps | +2bps | |
Czech Rep 5-year | 4.6439 | 0.0624 | +145bps | +4bps | |
Czech Rep 10-year | 5.2331 | 0.0510 | +186bps | +1bps | |
Poland 2-year | 5.0580 | 0.1340 | +192bps | +13bps | |
Poland 5-year | 5.8320 | 0.0580 | +264bps | +3bps | |
Poland 10-year | 6.3220 | 0.0540 | +295bps | +1bps | |
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FORWARD RATE AGREEMENTS | 3x6 | 6x9 | 9x12 | 3M interbank | |
Czech Rep | , | 4.34 | 4.64 | 4.77 | 4.10 |
Poland | , | 4.26 | 4.59 | 4.75 | 3.90 |
Note: FRA quotes are for ask prices | |||||