LONDON, Feb 15 (Reuters) - Central European currencies

slipped on Friday, pressured by weak economic data and concern

over the impact of weakening in major global currencies, with

investors watching the G20 meeting in Moscow for signs on the

monetary policy outlook.

Russian stocks fell, while benchmark emerging equities were flat after touching one-week highs on Thursday.

The Hungarian forint fell 0.2 percent after

dropping nearly 1 percent on Thursday on data showing the

country was slipping further into recession, while the Polish

zloty was down 0.15 percent in the wake of poor euro zone GDP

data.

'We're seeing after-effects of the data from the euro zone,

particularly Germany, which is always important for the Eastern

European currencies,' said Thu Lan Nguyen, emerging market

analyst at Commerz Bank.

With investors concerned that emerging economies will

suffer as developed markets, most recently Japan, weaken their

currencies, Nguyen said markets were watching the G20 meeting

closely for monetary policy developments.

'This morning we had some comments from Bundesbank president

Jens Weidmann which has been driving currencies lower,' she said

referring to the policymaker's comments that the European

Central Bank would not intervene purely on the grounds that the

euro was too strong.

In stocks news, a flotation of the Moscow Exchange , Russia's major platform for trading shares, currency

and bonds, was priced at the lower end of a guidance range as

the Russian market fell for a second day after a short-lived

rally on Wednesday.

'After Wednesday's strong gains, markets got a reality check

yesterday as Europe's GDP growth data disappointed. Investors

remain nervous and sentiment is finely balanced,' analysts at

Sberbank CIB said in a note.

The South Korean won ended its best week in 14

months, gaining 1.6 percent against the dollar as foreign

investors snapped up South Korean stocks.

The South African rand fell 0.6 percent, retreating from a

near one-month high in early morning trade, to fall back into

its 8.80-9.00 range in which it has traded recently.

(Reporting by Stephen Eisenhammer; Editing by Ingrid Melander)

((Stephen.Eisenhammer@thomsonreuters.com)(+44 207 542

5084)(Reuters Messaging:

Stephen.Eisenhammer.thomsonreuters@reuters.net))

( Emerging Markets Prices from Reuters Equities Latest Net Chg % Chg % Chg on year Morgan Stanley Emrg Mkt Indx 1066.83 +0.99 +0.09 +1.10 Czech Rep 1002.51 +3.45 +0.35 -3.48 Poland 2454.77 -1.59 -0.06 -4.96 Hungary 18804.88 -64.88 -0.34 +3.48 Romania 5457.66 -11.59 -0.21 +5.98 Russia 1577.62 -10.69 -0.67 +0.10 South Africa 36255.57 -29.52 -0.08 +4.20 Turkey 77947.03 +366.53 +0.47 -0.33 China 2432.40 +13.87 +0.57 +7.20 India 19468.15 -29.03 -0.15 +0.21 Currencies Latest Prev Local Local close currency currency % change % change in 2013 Czech Rep 2)

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