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CEE MARKETS-Forint jumps to three-week high after Hungarian deposit rate hike

The Hungarian forint firmed to a three-week high on Thursday after the central bank hiked its one-week deposit rate, raising rates for the fifth time in under three weeks as it is battling rising inflation. The forint was 0.33% higher, trading at 361.35 per euro after the central bank raised its one-week deposit rate by 20 basis points to 3.1%, continuing a series of rate hikes. The currency has firmed nearly 3% since Nov. 23 when it

CEE MARKETS-Forint, zloty firm on expectations of more rate hikes to come

The Hungarian forint and the Polish zloty strengthened on Wednesday, extending their gains from the previous session supported by expectations for further rate hikes as central banks face high inflation. The Hungarian forint was 0.22% higher and trading at 364.45, adding to its gains from the previous session when it jumped after the central bank unexpectedly raised interest rates for the fourth time in just two weeks. The bank wid

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