198 India News
No Result
View All Result
  • HOME
  • VIDEOS
  • BUSINESS
  • INDIA NEWS
  • NEWS
    • INDIA USA TRADE NEWS
    • INDIA AFRICA NEWS
    • INDIA EU NEWS
    • INDIA GULF NATIONS NEWS
    • INDIA RUSSIA NEWS
    • INDIA NIGERIA NEWS
    • INDIA UK NEWS
  • POLITICAL
  • IMMIGRATION
  • TECHNOLOGY
  • EDUCATION
    • EDUCATION
    • VENTURE CAPITAL
    • JOINT VENTURE
    • INDIA UNIVERSITIES
    • 198INDIA MEDIA TRAINING
    • INDIA FUNDING OPPORTUNITIES
    • INDIA GOVERNMENT ASSISTANCE
    • INDIA PARTNERSHIP OPPORTUNITIES
    • INDIA UNTAPPED OPPORTUNITIES
    • INDIA MANUFACTURERS
    • 198TILG INDIA CEO
    • INDIA BUSINESS HELP
  • ASK IKE LEMUWA
  • CONTACT US
  • HOME
  • VIDEOS
  • BUSINESS
  • INDIA NEWS
  • NEWS
    • INDIA USA TRADE NEWS
    • INDIA AFRICA NEWS
    • INDIA EU NEWS
    • INDIA GULF NATIONS NEWS
    • INDIA RUSSIA NEWS
    • INDIA NIGERIA NEWS
    • INDIA UK NEWS
  • POLITICAL
  • IMMIGRATION
  • TECHNOLOGY
  • EDUCATION
    • EDUCATION
    • VENTURE CAPITAL
    • JOINT VENTURE
    • INDIA UNIVERSITIES
    • 198INDIA MEDIA TRAINING
    • INDIA FUNDING OPPORTUNITIES
    • INDIA GOVERNMENT ASSISTANCE
    • INDIA PARTNERSHIP OPPORTUNITIES
    • INDIA UNTAPPED OPPORTUNITIES
    • INDIA MANUFACTURERS
    • 198TILG INDIA CEO
    • INDIA BUSINESS HELP
  • ASK IKE LEMUWA
  • CONTACT US
No Result
View All Result
198 India News
No Result
View All Result
Home BUSINESS NEWS FROM AROUND THE WORLD

Currencies slide as risk appetite wanes

by Gias
August 17, 2021
6 min read
0
Currencies slide as risk appetite wanes
Buy JNews
ADVERTISEMENT

[ad_1]

RELATED POSTS

What Corporate Britain Can Reveal About the State of the Economy

Communications stocks lag for week, dragged by Snap, telecoms (NASDAQ:NFLX)

Biggest Oil Stock ETF Sees Short Sellers Unwind Bets After Rout

Breadcrumb Path Hyperlinks

  1. PMN Enterprise

Creator of the article:

Reuters

Article content material

BUDAPEST — Central European currencies

slid on Tuesday, pressured by international market uncertainty over the

unfold of coronavirus infections pushed by the Delta variant and

weak financial knowledge from China and the USA.

The Hungarian forint weakened 0.17% to 351.90 per

euro, nonetheless buying and selling close to five-week highs that it hit within the

earlier session.

The forint has lately been supported by the speed hike

cycle that the central financial institution began in June in an effort to struggle

inflation because the financial system roared again from the disaster attributable to

Commercial

This commercial has not loaded but, however your article continues under.

Article content material

the pandemic.

The nation’s financial system grew 2.7% quarter-on-quarter within the

April-June interval, knowledge confirmed on Tuesday.

“The market temper is a bit unsure due to the unfold of

the Delta variant and the occasions in Afghanistan, so I don’t

anticipate the forint to agency previous 350 within the close to future,” a

Budapest-based dealer stated.

“It is not going to considerably weaken, both, as we hold seeing

zloty-forint flows that help the forint.”

The speed distinction between Poland and Hungary has brought on

flows within the zloty-forint commerce prior to now weeks, merchants and

analysts have stated.

Not like the Czech and Hungarian central banks that began

tightening coverage in June to struggle inflation, the Nationwide Financial institution

of Poland has stored its dovish stance.

Commercial

This commercial has not loaded but, however your article continues under.

Article content material

“Sooner inflation readings could also be regularly impacting views

on the MPC, however is not going to end in concrete motion within the subsequent

quarter or so. In the meantime, the detrimental actual rate of interest is

weighing down on the zloty change charge,” Commerzbank wrote.

The zloty can be pressured by exterior circumstances reminiscent of

waning international risk-taking as a consequence of weak knowledge from China and

tensions in Afghanistan, in addition to Poland’s battle with the

European Union, Financial institution Millennium stated in a word.

The Polish zloty slipped 0.15% to 4.5680 versus

the frequent forex.

Elsewhere, the Czech crown was 0.16% decrease and

buying and selling at 25.465 to the euro. The Romanian leu edged down 0.9%

to 4.9215 per euro.

Shares within the area had been combined, with Budapest up

Commercial

This commercial has not loaded but, however your article continues under.

Article content material

0.7% and hitting one other document excessive whereas Warsaw

gained 0.2%. Prague was flat whereas Bucharest was

0.24% decrease.

CEE SNAPSHO AT

MARKETS T 1101 CET

CURRENC

IES

Newest Earlier Every day Change

bid shut change in 2021

EURCZK= Czech

EURHUF= Hungary 0

EURPLN= Polish

EURRON= Romania

EURHRK= Croatia

EURRSD= Serbian 0

Word: calculated from 1800

each day CET

change

Newest Earlier Every day Change

shut change in 2021

.PX Prague 1275.07 1275.220 -0.01% +24.14

0 %

.BUX Budapes 50534.2 50183.56 +0.70% +20.01

t 5 %

.WIG20 Warsaw 2286.70 2282.10 +0.20% +15.26

%

.BETI Buchare 12111.4 12141.13 -0.24% +23.52

st 7 %

.SBITOP Ljublja <.sbitop na> %

.CRBEX Zagreb 1971.11 1971.17 -0.00% +13.33

%

.BELEX1 Belgrad <.belex1 e>

.SOFIX Sofia 579.77 583.37 -0.62% +29.55

%

Yield Yield Unfold Every day

(bid) change vs Bund change

in

Czech unfold

Republi

c

CZ2YT=R s

CZ5YT=R s

CZ10YT= s

Poland

PL2YT=R s

PL5YT=R s

PL10YT= s

FORWARD

3×6 6×9 9×12 3M

interba

nk

Czech 1.64 2.05 2.21 0.97

Rep

Hungary 2.12 2.20 2.27 1.39

Poland 0.43 0.63 0.84 0.21

Word: are for ask

FRA costs

quotes

*********************************************

*****************

(Extra reporting by Alan Charlish in Warsaw; Enhancing by

Emelia Sithole-Matarise)

Share this text in your social community

Commercial

This commercial has not loaded but, however your article continues under.

In-depth reporting on the innovation financial system from The Logic, dropped at you in partnership with the Monetary Put up.

    Top Stories Newsletter logo

    Monetary Put up High Tales

    Signal as much as obtain the each day prime tales from the Monetary Put up, a division of Postmedia Community Inc.

    By clicking on the enroll button you consent to obtain the above publication from Postmedia Community Inc. Chances are you’ll unsubscribe any time by clicking on the unsubscribe hyperlink on the backside of our emails. Postmedia Community Inc. | 365 Bloor Avenue East, Toronto, Ontario, M4W 3L4 | 416-383-2300

    Thanks for signing up!

    A welcome e-mail is on its method. In the event you do not see it, please examine your junk folder.

    The subsequent concern of Monetary Put up High Tales will quickly be in your inbox.

    We encountered a difficulty signing you up. Please strive once more

    Feedback

    Postmedia is dedicated to sustaining a energetic however civil discussion board for dialogue and encourage all readers to share their views on our articles. Feedback could take as much as an hour for moderation earlier than showing on the location. We ask you to maintain your feedback related and respectful. We’ve got enabled e-mail notifications—you’ll now obtain an e-mail if you happen to obtain a reply to your remark, there’s an replace to a remark thread you observe or if a consumer you observe feedback. Go to our Neighborhood Tips for extra data and particulars on the right way to modify your e-mail settings.

    [ad_2]

    Source link

    Tags: appetiteCurrenciesriskslidewanes
    ShareTweet
    Previous Post

    Facebook initiates action against accounts, posts of Taliban

    Next Post

    US may seize Afghanistan’s national reserves, but its threat to isolate Taliban is, indeed, ‘unmoored from reality’ — RT World News

    Related Posts

    What Corporate Britain Can Reveal About the State of the Economy
    BUSINESS NEWS FROM AROUND THE WORLD

    What Corporate Britain Can Reveal About the State of the Economy

    July 24, 2022
    Communications stocks lag for week, dragged by Snap, telecoms (NASDAQ:NFLX)
    BUSINESS NEWS FROM AROUND THE WORLD

    Communications stocks lag for week, dragged by Snap, telecoms (NASDAQ:NFLX)

    July 23, 2022
    Biggest Oil Stock ETF Sees Short Sellers Unwind Bets After Rout
    BUSINESS NEWS FROM AROUND THE WORLD

    Biggest Oil Stock ETF Sees Short Sellers Unwind Bets After Rout

    July 23, 2022
    Russian missiles hit Odesa after Moscow agrees grain export deal with Kyiv
    BUSINESS NEWS FROM AROUND THE WORLD

    Russian missiles hit Odesa after Moscow agrees grain export deal with Kyiv

    July 23, 2022
    Gold sees glimmer of hope as US dollar hits rough patch
    BUSINESS NEWS FROM AROUND THE WORLD

    Gold sees glimmer of hope as US dollar hits rough patch

    July 23, 2022
    New Interim CFO Strengthens Executive Team
    BUSINESS NEWS FROM AROUND THE WORLD

    New Interim CFO Strengthens Executive Team

    July 23, 2022
    Next Post
    US may seize Afghanistan’s national reserves, but its threat to isolate Taliban is, indeed, ‘unmoored from reality’ — RT World News

    US may seize Afghanistan’s national reserves, but its threat to isolate Taliban is, indeed, ‘unmoored from reality’ — RT World News

    FTSE 100 to lose second-biggest name as BHP goes home

    FTSE 100 to lose second-biggest name as BHP goes home

    Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

    No Result
    View All Result

    Recent Posts

    • EU decides to ease sanctions on Russian oil exports
    • What Corporate Britain Can Reveal About the State of the Economy
    • COVID-19: India reports 20,279 fresh cases, 36 deaths in last 24 hours | DETAILS
    • Sri Lanka president gets long-sought win, steep challenges- The New Indian Express
    • Teacher Recruitment Scam: Partha Chatterjee Hospitalised After Arrest, Role of Another Woman Under ED Scanner
    • The Dogefather sends his regards – TechCrunch
    • College Application Strategies: Conquering The College Application Process
    • School Bus With 2 Dozen Children Stuck In Drain, Pulled Out
    • Justice Bag panel flagged Partha nod for illegal committee
    • Govt plans to reduce prices of critical drugs on August 15 | India News
    • Disclaimer
    • Privacy Policy
    • DMCA
    • Cookie Privacy Policy
    • Terms and Conditions
    • Contact us

    Copyright © 2021 198 India News.
    All Rights Reserved.

    No Result
    View All Result
    • HOME
    • VIDEOS
    • BUSINESS
    • INDIA NEWS
    • INDIA USA TRADE NEWS
    • INDIA AFRICA NEWS
    • INDIA EU NEWS
    • INDIA GULF NATIONS NEWS
    • INDIA RUSSIA NEWS
    • INDIA NIGERIA NEWS
    • INDIA UK NEWS
    • POLITICAL
    • IMMIGRATION
    • TECHNOLOGY
    • EDUCATION
    • VENTURE CAPITAL
    • INDIA JOINT VENTURE NEWS
    • INDIA UNIVERSITIES
    • 198INDIA MEDIA TRAINING
    • INDIA MANUFACTURERS
    • INDIA BUSINESS HELP
    • 198TILG INDIA CEO
    • INDIA FUNDING OPPORTUNITIES
    • INDIA PARTNERSHIP OPPORTUNITIES
    • INDIA GOVERNMENT ASSISTANCE
    • INDIA UNTAPPED OPPORTUNITIES
    • ASK IKE LEMUWA
    • CONTACT US

    Copyright © 2021 198 India News.
    All Rights Reserved.

    Login to your account below

    Forgotten Password?

    Fill the forms bellow to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In