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  • By Lidia Kelly and Vladimir Abramov. MOSCOW, Oct 5- After a volatile start on Friday, the Russian rouble steadied after the central bank kept interest rates unchanged, disappointing some market players who had hoped for a rate hike that would make carry trade operations more lucrative.

  • *Forint jumps 1 pct By Krisztina Than and Gergely Szakacs. BUDAPEST, Oct 5- Hungary abandoned a plan on Friday to tax financial transactions by its central bank, removing a stumbling block in credit talks with the International Monetary Fund and European Union.

  • Sberbank net profit up 6 pct on loan growth Friday, 5 Oct 2012 | 4:37 AM ET

    MOSCOW, Oct 5- Sberbank on Friday posted a 6- percent increase in nine-month net profit, helped by a sharp lift in income from corporate and retail loans. Russia's top lender, publishing its first results since it floated a 7.6 percent stake for just over $5 billion last month,.

  • BUDAPEST, Oct 5- Hungary abandoned a plan on Friday to tax financial transactions by its central bank, removing a stumbling block in credit talks with the International Monetary Fund and European Union. "Our partners raised objections against this, what's more the European Commission flagged a possible infringement procedure against Hungary," Matolcsy said.

  • MOSCOW, Oct 5- VTB, Russia's No.2 lender, raised $1.5 billion in a 10- year Eurobond issue, pricing the deal at 6.95 percent yield, a banking source told Reuters on Friday. VTB, which aims to use proceeds to support its Tier 2 capital ratio, was initially guiding at an yield of around 7.25 percent, narrowing it later on Thursday. ï¿ ½.

  • Taiwan end September forex reserves tick up Friday, 5 Oct 2012 | 4:17 AM ET

    TAIPEI, Oct 5- Taiwan's foreign exchange reserves rose to $397.95 billion at the end of September, the central bank said on Friday, citing the appreciation of the euro and other currencies against the U.S. dollar and higher returns from the management of forex reserves. Taiwan's reserves are the world's fourth-largest after China, Japan and Russia.

  • UPDATE 1-Russia cbank leaves key rates unchanged Friday, 5 Oct 2012 | 4:00 AM ET

    *One-day fixed repo rate left at 6.50 pct. *Refi rate left at 8.25 pct. MOSCOW, Oct 5- Russia's central bank kept key interest rates unchanged at its monthly policy meeting on Friday, indicating that inflationary risks remain and playing down signs of an economic slowdown.

  • Hungary to scrap transaction tax on central bank Friday, 5 Oct 2012 | 3:36 AM ET

    BUDAPEST, Oct 5- Hungary will scrap a tax on transactions conducted by the central bank and will offset the revenue loss by raising the tax on state treasury transactions and cash withdrawals from banks, the economy minister said on Friday. The transaction tax was a key sticking point in credit talks with the International Monetary Fund and the European Union.

  • Russia cbank leaves key rates unchanged Friday, 5 Oct 2012 | 3:31 AM ET

    MOSCOW, Oct 5- Russia's central bank kept key interest rates unchanged at its monthly policy meeting on Friday, after hiking rates across the board by 0.25 percent last month.

  • NORWAY GAS-Flows to Europe rise as Kollsnes returns Friday, 5 Oct 2012 | 3:31 AM ET

    OSLO, Oct 5- Norwegian gas exports to Europe rose on Friday morning as key gas processing plant restarted after a power supply glitch shut it on Thursday. Exports to Europe including Britain rose by 47.8 million cubic metres to 287.4 mcm per day by 0715 GMT compared to 239.6 mcm daily average on Thursday.

  • BUDAPEST, Oct 5- Hungary will raise its 2013 budget deficit target to 2.7 percent of GDP from 2.2 percent and will implement a budget adjustment programme worth 397 billion forints to achieve the new goal, the economy minister said on Friday.

  • Rouble cautious ahead of rate decision, stocks gain Friday, 5 Oct 2012 | 3:23 AM ET

    MOSCOW, Oct 5- The Russian rouble was little changed at Friday's opening, with investors unwilling to make strong moves ahead of the central bank's rate decision due later in the day. There was a small rebound in Moscow stocks, supported by relatively strong commodity prices and slight optimism from global investors.

  • PRAGUE, Oct 5- Czech retail sales fell 0.8 percent year-on-year in August, slightly weaker than expected and dragged lower by falling car sales, data showed on Friday. Overall adjusted sales on a month-on-month basis rose 0.1 percent, the statistics bureau said. MICHAL BROZKA, CHIEF ANALYST, RAIFFEISENBANK.

  • PRAGUE, Oct 5- Czech retail sales fell 0.8 percent year-on-year in August, slightly weaker than expected and dragged lower by falling car sales, data showed on Friday. Overall adjusted sales on a month-on-month basis rose 0.1 percent, the statistics bureau said. RADOMIR JAC, CHIEF ANALYST, GENERALI PPF ASSET MANAGEMENT.

  • UPDATE 1-Polimex says has buyers for two units Friday, 5 Oct 2012 | 3:16 AM ET

    WARSAW, Oct 5- Polish builder Polimex said it had binding offers for two non-core units and expected to raise at least 300 million zlotys from the sales as part of a wider salvage plan to keep the former bluechip afloat. "We have a few offers for both Sefako and Energomontaz Polnoc," Polimex spokesman Pawel Szymaniak said. "

  • PRAGUE, Oct 5- Czech retail sales fell 0.8 percent year-on-year in August, slightly weaker than expected and dragged lower by falling car sales, data showed on Friday. Overall adjusted sales on a month-on-month basis rose 0.1 percent, the statistics bureau said. PAVEL SOBISEK, CHIEF ECONOMIST, UNICREDIT BANK.

  • Hungary lifts 2012 deficit goal to 2.7 pct/GDP Friday, 5 Oct 2012 | 3:14 AM ET

    BUDAPEST, Oct 5- Hungary will raise its 2012 budget deficit target by 0.2 percentage point to 2.7 percent of GDP and freeze 133 billion Hungarian forints in the budget to keep the deficit at levels agreed with the European Union, the economy minister said.

  • WARSAW, Oct 5- The Polish zloty is trading at a level that allows the country to stay competitive, which might not be the case if the currency strengthened, the Deputy Finance Minister was quoted as saying.

  • Romania Jan-Aug energy production falls 2.6 pct y/y Friday, 5 Oct 2012 | 3:08 AM ET

    BUCHAREST, Oct 5- Romania's energy production fell 2.6 percent on the year in January-August, while imports were down 1.6 percent, data from the National Statistics Board showed on Friday. Below is a breakdown of energy resources and power production by type.

  • PRAGUE, Oct 5- The current Czech crown firming is surprising and stronger appreciation will need to be taken into account in future monetary policy deliberations, central bank board members repeatedly said, according to the minutes of the bank's Sept. 27 meeting. For HIGHLIGHTS from Sept 27 mtg............. For STORY from Sept 27 mtg..................