Czech Crown to Lead Central European Currencies as Forint Lags Behind
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The Czech crown is expected to outperform other Central European currencies in the coming year, buoyed by economic recovery and a slower pace of interest rate cuts, according to a Reuters poll. The crown is forecasted to rise 2.2% against the euro, supported by a strong balance of payments and favorable global monetary trends. Poland’s zloty is also seen gaining, benefiting from robust economic performance and a steady central bank policy. In contrast, Hungary’s forint and Romania’s leu are predicted to struggle, with the forint likely to see a 0.3% decline and the leu a 0.9% drop against the euro.