European Union finance ministers reiterated this week what their leaders said at the March 1 EU summit: no bailout fund for Central and Eastern European. Instead, they again emphasized that each ...

Poland’s zloty weakened 15 percent to 4.1533 against the the Swiss currency by 5:56 p.m. in Warsaw, paring an earlier loss of as much as 28 percent. Hungary’s forint and the Romanian leu ...

Currency gambling has backfired in several other countries in Eastern and Central Europe. In Hungary, Romania and Ukraine, a majority of mortgages and other consumer loans were taken out in Swiss ...

Currency rates are representative of the Bloomberg Generic Composite rate (BGN), a representation based on indicative rates only contributed by market participants. The data is NOT based on any ...

Simply sign up to the Currencies myFT Digest -- delivered directly to your inbox. Far from benefiting from being outside the eurozone, eastern European countries are feeling the strain of ...

The rally in oil prices has given the Russian rouble a spur of late and reports suggest that the country's central bank has intervened, selling an estimated $500 - $700 million worth of roubles.

LONDON -- Several economies in Eastern Europe with large current account deficits are set to slow, but should avoid a severe and long-lasting recession or currency crash, the chief economist for ...