Monday, July 23, 2007

Eastern European Currencies Retreat Versus Dollar, Monday, July 23, 2007 7:19:48 AM

Eastern European currencies retreated against the dollar Monday morning in New York. Greenback traders looked ahead to Wednesday`s release of the Federal Reserve`s Beige Book.

The Hungarian forint slid versus the dollar Monday morning in New York. The Hungarian currency advanced during the early morning, reaching an intraday high of 177.0800 at 1:50 am ET. The forint fell steadily after that, however, dipping to a mark of 177.9700 at 7:11 am.

The Russian rouble fell against the greenback Monday morning in New York. The Russian currency gained ground during the early morning, climbing to an intraday high of 25.3670 at 2:00 am ET. The rouble retreated steadily after that, falling to 25.3990 at 7:15 am.

The Polish zloty retreated against the dollar Monday morning in New York. The Polish currency gained ground during the early morning, advancing to an intraday high of 2.7133 at 3:10 am ET. The zloty fell steadily after that, dipping to a mark of 2.7274 at 7:17 am.
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