Research (Česká spořitelna)
Currencies  |  March 25, 2013 10:49:12

The outlook for the crown, 13 week - meets CNB, change the setting to not expect full legal

This week, meet at the CNB. We do not expect any change in rates or any other change in the monetary policy. Due to the Crown (25.80), for the March data (which, according to us was not bad) and the fact that as the last CNB meeting in early February so different messages from members of BR CNB recently (Singer vs. Hampl / Janacek) show the ambivalent Banking advice sounds probably just repeat that the CNB is willing, if necessary, to help meet the inflation target and foreign exchange interventions, and vague commitment that rates will stay down longer.

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