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Investors turn dim on currencies of Poland, Hungary

Posted on 30 November 2010

From WSJ: Currencies in emerging Europe came under pressure Monday as news of the €85 billion ($112.6 billion) bailout package for Ireland weighed on sentiment amid growing concerns that other peripheral member states may also need external assistance.
The Polish zloty hit a four-month low against the euro, while the Hungarian forint also weakened as financial markets continued to fret about contagion to other fiscally weak euro-zone members, namely Portugal and Spain……………………………………….Full Article: Source


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