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CEE currencies face external and domestic headwinds

We think that currencies in Central and Eastern Europe (CEE) will depreciate further against the euro over the rest of this year. Within the region, we anticipate that the koruna will continue to outperform and the forint will remain a regional laggard – we forecast it to fall by another ~4.5%, to 400/€, by end-2022. RBA Drop-In (18th May): How fast and far will the RBA go to raise rates – and what will this mean for Australian bond yields and the aussie? Join our 20-minute briefing on Wednesday. Register now.

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