Fri, Oct 24, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Czech central bank to keep currency weaker through 2014

Posted on 17 January 2014

The Czech central bank intends to keep the country’s currency weaker at just above 27 korunas to the euro through the end of the year, but after that the bank won’t prevent it from strengthening, the bank’s governor said late Thursday.
“As soon as that [exchange-rate] target is removed, it won’t bother us if the [koruna's] exchange range firms,” Miroslav Singer said at a conference. There have been questions about the central bank’s exit strategy from the exchange-rate target, of close to 27 korunas to the euro, set on Nov. 7………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031