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Forint, stocks weaker after Hungary announces windfall taxes

By Anita Komuves BUDAPEST, May 27 (Reuters) - The Hungarian forint edged down while stocks extended losses on Friday as markets assessed the impact of new windfall taxes worth 800 billion forints ($2.19 billion) on "extra profits" earned by banks, energy companies and other firms. The taxes aim to help reduce the budget deficit this year and next,
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Forint, stocks fall as investors await details of Hungary windfall taxes

By Anita Komuves BUDAPEST, May 26 (Reuters) - The Hungarian forint extended losses and stocks plummeted on Thursday, as investors awaited details of new windfall taxes on banks and large private companies, with the government aiming to rein in a ballooning budget deficit. Prime Minister Viktor Orban announced on Wednesday that banks and companies t
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Forint slips on central banker's comments, other FX rise on weak dollar

By Alan Charlish WARSAW, May 25 (Reuters) - The Hungarian forint EURHUF= fell in early trade on Wednesday, as worries over that pace of monetary policy tightening overshadowed a boost to emerging market currencies from a weakening dollar. Deputy Central Bank Governor Barnabas Virag said on Tuesday that the pace of rate rises could slow down to abou
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FX mixed as rouble extends gains, lira dips again

* Turkish lira extends losses as need for FX grows * South African rand slips as dollar recovers ahead of Fed minutes * Russian c.bank plans to hold rate-setting meeting on Thursday By Bansari Mayur Kamdar May 25 (Reuters) - Emerging market currencies edged higher on Wednesday, with the Russian rouble extending gains to a four-year high against the
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Forint drops as Hungary central banker signals slower rate hikes

PRAGUE, May 24 (Reuters) - The forint dropped on Tuesday as a Hungarian central banker reiterated the pace of interest rate hikes would slow, while the Czech crown also pulled back from recent gains amid more signs strong inflation is weighing on consumer demand. Stocks in central Europe also mostly eased, falling with European peers as slowing gro
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