Central European currencies also firmed slightly, with the Polish zloty up 0.1% in line with the Hungarian forint , which also gained 0.1% to trade at around 331.30 versus the euro, distancing from its all-time low of 337.21 hit last week. Poland's central bank holds a rate meeting later on Wednesday where it is expected to keep interest rates unchanged, as the region's central banks maintain a wait and see mode with economic growth expected to slow next year. "Nobody expects the MPC to change interest rates on Wednesday, but the tone of the comment may be eased, thus supporting the domestic debt market," PKO BP said in a note.
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December 04, 2019 at 04:26PM
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