By Anita Komuves BUDAPEST, Oct 26 (Reuters) - The Hungarian forint underperformed its regional peers on Tuesday, edging up but still trading at multi-month lows as it was pressured by a firming dollar and investors' uncertainty about the pace of future Hungarian rate hikes. The forint was up 0.04% at 365.70 per euro. The currency lost 1.6% since the 15-basis-point rate hike last Tuesday that disappointed some market participants who expected a faster pace of tightening. Besides the strengthening of the dollar the forint was pressured by investors' uncertainty about the willingness of the central bank to hasten the pace of its rate hike cycle, two FX traders in Budapest said. "Last week the central bank said what it had to say, about persistent inflation and the possibility of a bigger rate hike," an FX trader in Budapest said. "However, one message came on Tuesday and the other on Thursday, which the market interpreted as lacking in self-confidence, and that shows in the forint's rate." After Tuesday's rate hike the central bank said that Hungary is facing a prolonged fight against inflation and Deputy Governor Barnabas Virag said the bank would continue hiking rates in 15-basis-point steps until December. On Thursday, Virag was cited as saying that the central bank needs to tighten monetary conditions more than projected in September. Elsewhere, the Polish zloty gained 0.2%, but was still trading at the weaker side of the important level of 4.6 per euro. The zloty was pressured by the "deteriorating global sentiment, which is weighed on by scenario of the autumn costs of the COVID-19 pandemic," Bank PKO wrote in a note. The currency has also been pressured recently by Warsaw's debate over rule of law issues with the European Union. The Czech crown firmed 0.14% to 25.7020 per euro, still hovering at three-month lows as the car sector was weighing on the currency on the hit to production by the global chip shortage. A rise in coronavirus infections in the CEE region added to concerns as vaccination rates remain below EU averages. Most stocks in the region rose, with Prague leading gains and adding 0.6%. CEE SNAPSHO AT MARKETS T 1114 CET CURRENC IES Latest Previous Daily Change bid close change in 2021 EURCZK= Czech EURHUF= Hungary 0 EURPLN= Polish EURRON= Romania EURHRK= Croatia EURRSD= Serbian 0 Note: calculated from 1800 daily CET change Latest Previous Daily Change close change in 2021 .PX Prague 1347.58 1339.560 +0.60% +31.20 0 % .BUX Budapes 54968.8 54867.62 +0.18% +30.54 t 7 % .WIG20 Warsaw 2435.34 2427.19 +0.34% +22.75 % .BETI Buchare 12780.0 12807.55 -0.21% +30.33 st 4 % .SBITOP Ljublja <.SBITOP 1171.47 1179.61 -0.69% +30.04 na > % .CRBEX Zagreb 2046.38 2046.98 -0.03% +17.66 % .BELEX1 Belgrad <.BELEX1 796.57 798.56 -0.25% +6.41% 5 e 5> .SOFIX Sofia 570.01 571.66 -0.29% +27.37 % Yield Yield Spread Daily (bid) change vs Bund change in Czech spread Republi c CZ2YT=R s CZ5YT=R s CZ10YT= s Poland PL2YT=R s PL5YT=R s PL10YT= s FORWARD 3x6 6x9 9x12 3M interba nk Czech 3.42 3.63 3.66 2.13 Rep Hungary 2.83 3.16 3.46 2.02 Poland 1.66 2.13 2.52 0.70 Note: are for ask FRA prices quotes ********************************************* ***************** (Additional reporting by Alan Charlish in Warsaw; Editing by Shailesh Kuber)