Jan 19 (Reuters) - The Czech crown touched its strongest level since 2011 on Wednesday as central and eastern European currencies rebounded after taking a hit for a stronger U.S. dollar. The greenback has been boosted by market bets that the U.S. Federal Reserve will raise rates at least four times this year, with the first increase expected in March. The stronger dollar has dragged on risk appetite. At 1102 GMT the Czech crown was 0.59% firmer against the euro at 24.282, the Hungarian forint was 0.46% stronger at 356.20 and the Polish zloty was 0.16% firmer at 4.525. "Today"s correction looks a bit stronger in HUF, while CZK has continued its slight appreciation trend. PLN is indeed lagging somewhat," said Peter Virovácz, senior economist at ING in Hungary. Earlier in the session the crown touched 24.268 its strongest since 2011. "The key driver behind the different directions and sensitivity is monetary policy dependent in my view," Virovacz said. "The Czech 3-month interbank rate is a bit above the Hungarian and well above the Polish... (and) the real interest rate is still favourable in Czech compared to Hungary and Poland." The Czech central bank has been the most aggressive in the region when it comes to tightening monetary policy and has raised its main interest rate to 3.75%. A trader in Prague said rising market rates were boosting the crown. In Budapest, a trader said the forint was firming after a correction in the previous two days. In Warsaw, energy stocks PGE (PGE.WA) and Tauron fell around 4% after PGE said it was planning to raise around 3.2 billion zlotys ($801.78 million) from shares issue in order to speed up its investments in renewables, decarbonisation and distribution. Overall, Poland"s bluechip WIG 20 (.WIG20) index was 0.46% higher. In Budapest, the main index (.BUX) rose 0.90%, while Prague"s PX (.PX) index fell 0.33%. CEE MARKETS SNAPSHOT AT 1202 CET CURRENCIES Latest Previous Daily Change bid close change in 2022 EURCZK= Czech crown 24.2820 24.4250 +0.59% +2.43% EURHUF= Hungary forint 356.2000 357.8500 +0.46% +3.70% EURPLN= Polish zloty 4.5250 4.5321 +0.16% +1.46% EURRON= Romanian leu 4.9450 4.9440 -0.02% +0.06% EURHRK= Croatian kuna 7.5240 7.5205 -0.05% -0.09% EURRSD= Serbian dinar 117.5900 117.5800 -0.01% -0.01% Note: daily change calculated from 1800 CET Latest Previous Daily Change close change in 2022 .PX Prague (.PX) 1446.96 1451.7500 -0.33% .BUX Budapest (.BUX) 53020.01 52545.64 +0.90% +4.53% .WIG20 Warsaw (.WIG20) 2327.97 2317.36 +0.46% +2.69% .BETI Bucharest (.BETI) 13164.34 13284.79 -0.91% +0.79% .SBITOP Ljubljana (.SBITOP) 1324.79 1319.16 +0.43% +5.52% .CRBEX Zagreb (.CRBEX) 2209.12 2201.31 +0.35% +6.24% .BELEX15 Belgrade (.BELEX15) 862.26 860.67 +0.18% +5.05% .SOFIX Sofia (.SOFIX) 630.43 639.36 -1.40% -0.83% Yield Yield Spread Daily (bid) change vs Bund change in Czech Republic spread CZ2YT=RR 2-year 4.0520 0.0060 +462bps +0bps CZ5YT=RR 5-year 3.5760 0.0790 +391bps +7bps CZ10YT=RR 10-year 3.3350 0.1210 +333bps +10bps Poland PL2YT=RR 2-year 3.0520 -0.0190 +362bps -2bps PL5YT=RR 5-year 4.0190 0.0270 +435bps +1bps PL10YT=RR 10-year 4.1740 0.0250 +417bps +0bps FORWARD 3x6 6x9 9x12 3M interbank Czech Rep 4.96 4.96 4.72 4.23 Hungary 4.94 5.23 5.21 4.19 Poland 3.84 4.13 4.13 2.80 Note: FRA quotes are for ask prices **************************************************************