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.email@example.com)
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