Friday, July 29, 2016

CEE MARKETS-Currencies retreat, Daimler investment long-term positive for Hungary

By Krisztina Than

BUDAPEST, July 29 (Reuters) - Central European currencies

eased slightly on Friday in edgy global sentiment before a first

estimate for Q2 U.S. growth, with the forint getting some

support from news of Daimler expanding its plant in Hungary.

German carmaker Daimler put a 1 billion euro

price tag on the expansion of its existing factory, which

churned out 180,000 cars last year and is a significant driver

for the country's open economy.

Exports and rising domestic

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