Central and eastern European currencies rallied on Monday as central banks across the region said drops in their currencies in recent weeks did not reflect economic fundamentals.
In a seemingly co-ordinated move, officials from Poland, Hungary and the Czech Republic voiced disquiet over currency price swings that last week sent the Hungarian forint to a record low against the euro, the Polish zloty to a five-year trough against the single currency and the Czech koruna to a three-year floor.
