Weekly Highlights

  • Forint hits two-year lows, koruna slips to this year’s minimum

  • Weak zloty brings the Polish public debt into focus again

  • MNB is expected to keep the base rate unchanged despite the record weak currency


Chart of the Week: Forint and koruna fell the heat coming from the EMU

EURCZK

Both the EUR/CZK and the EUR/HUF reached this year’s highs during the past week. The koruna breached 25 EUR/CZK and the forint was trading above 300 EUR/HUF.