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Contagion from emerging markets hits Central Europe

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Headlines Contagion from emerging markets hits Central Europe On Friday, the Central European currencies remained under pressure that stemmed from a further sell-off in emerging markets. While the koruna’s intraday losses were negligible, the forint and the zloty in particular fell quite sharply. Although both currencies took back some losses by the end of the session (the forint even settled a bit stronger than on Thursday), they closed the week weaker by 1.3% and 0.9% respectively and last Reported by FXstreet.com 10 hours ago.

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