Adds rate-cut, quote on forint, fresh FX table and numbers

BUDAPEST, June 18 (Reuters) -The forint firmed on Tuesday, rebounding from a three-month low it hit last week, after Hungary's central bank cut its policy rate as expected, delivering the smallest cut in its 14-month-old easing cycle.

The National Bank of Hungary (NBH), which began easing its base interest rate in October, cut a further 25 basis points off the current 7.25% on Tuesday to 7.0%.

By 1214 GMT, the Hungarian forint EURHUF= firmed to 395.15 against the euro, pulling further away from its weakest level, hit at the end of last week, since mid March.

"We got what we expected," a local trader said. "The bank's communication at its presser will probably influence the forint more. If they repeat that they don't plan to cut further this year, that will be supportive for the currency."

Hungary's central bank will issue a statement at 1400 GMT, with the press briefing also likely starting at the same time.

Monday's session gave some respite to the region's currencies, after the strengthening of the dollar this month, supported last week by a more hawkish U.S. Federal Reserve and the fallout of European Parliament elections that pressured riskier assets, including Central European currencies.

The Polish zloty EURPLN= firmed 0.1% against the euro to 4.35, also largely keeping the previous day's gains after hitting its weakest level since late January on Friday.

"Yesterday's trading on the local FX suggests that the domestic currency (zloty) should now be less sensitive to negative external signals," Poland's state-owned development bank BGK wrote in a note.

"Today, we expect a relatively calm session in the range of PLN 4.34-4.36 per euro."

The Czech crown traded 0.2% lower at 24.7710, remaining anchored around stronger levels, with market focus turned toward the Czech central bank rate meeting next week at which policymakers are expected to slow rate cuts.

Czech central bank Vice-Governor Eva Zamrazilova said in a Reuters interview on Monday that she would decide between a 25 bps and 50 bps interest rate cut, after assessing the effects of a firmer crown versus still strong growth in services prices.

CSOB said the crown was staying stuck around the 24.70 per euro level.

"Producer price data released (on Monday) did not surprise and generally confirmed the disinflationary tendencies in the domestic economy," CSOB said.

"This is good news for the central bank towards further easing of monetary policy... Uncertainty about the June vote is high, but we still cautiously lean toward a 25 bp rate cut."

Reporting by Karol Badohal in Warsaw and Boldizsar Gyori in Budapest; Editing by Shinjini Ganguli

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