CEE MARKETS-Crown eases despite rate hike; oil group MOL shares outperform
August 03, 2018 at 05:42 AM EDT
The crown retreated on Friday along with other Central European currencies, even though the Czech central bank raised interest rates on Thursday, as emerging markets suffered amid the Turkish lira's plunge. Hungarian oil and gas group MOL shares jumped by 2 percent after the company improved its outlook for 2018, helping to lift the Budapest stock market by 1 percent by 0900 GMT. Budapest outperformed the rest of the region, where share