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Nov 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Czech crown

Crown gains after rate hike
Markets

Crown gains after rate hike

PRAGUE: The Czech crown rose on Friday to its highest level since Feb. 21 as markets took in the central bank’s...
Published 02 Apr, 2022 04:14am
Currencies stable, Polish QE schedule in focus
Markets

Currencies stable, Polish QE schedule in focus

  • Polish bond yields were unmoved as markets were looking forward to the central bank's schedule of June bond purchases, due later in the day.
  • Currencies kept hovering near strong levels they recently hit on rate hike expectations that were fuelled by higher-than-expected CPI data and signals from central banks.
Published 31 May, 2021 06:46pm
Crown slips from fresh high, MOL shares spur Budapest
Markets

Crown slips from fresh high, MOL shares spur Budapest

  • Budapest's BUX index climbed 1.5% on a more than 3% rise in MOL's shares after an update on refinery and petrochemical margins enticed investors.
  • In Prague, the PX index nudged higher and held above the 1,100 level to stick around highs last seen before the COVID-19 pandemic struck markets in February 2020.
Published 04 May, 2021 05:13pm
FX firms as global mood brightens
Markets

FX firms as global mood brightens

  • The Polish zloty was 0.54% firmer against the euro at 4.5516, the Czech crown had strengthened 0.09% to 25.8210, while the Hungarian forint was 0.13% stronger at 358.70.
  • "Over the next few days, the yields of 2-year bonds should remain around 0.05%, while the yields of 10-year bonds should remain close to 1.60%," PKO BP analysts said in a note.
Published 08 Apr, 2021 05:43pm
Polish zloty eases on surging COVID-19 cases, stocks mixed
Markets

Polish zloty eases on surging COVID-19 cases, stocks mixed

  • "We think that the (bank's) view has remained relatively unchanged and that it will continue to look for an opportunity to start normalising its monetary policy," Morgan Stanley said.
  • "We maintain our view that the MPC will start seeing higher chances of a rate hike only in 3Q21."
Published 25 Mar, 2021 05:30pm