Vladimír Urbánek (Kurzy.cz)
Currencies  |  February 27, 2013 11:32:58, updated

Licking (CNB): Probably will need further easing of monetary policy interventions are in the game

CNB Bank Board member L. Lízal said that might need further easing of monetary policy. This suggests, according to him prognosis on money market rates PRIBOR. The most likely would be an instrument of intervention against the crown. Lízalová expression supported by pressure against the crown, which resulted from higher risk aversion after the Italian elections. Koruna weakened slightly against the euro to 25.58

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