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| CNB: Weak crown policy cost almost as much in January as whole of 2016 |
| Prag, 11.02.2017 |
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| The Czech National Bank has spent almost as much on keeping the Czech crown weak so far this year as it did in the whole of 2016. According to data released by the central bank on Tuesday, it spent up to CZK 400 billion on the currency markets in January in an effort to keep the crown below 27 to the euro. Last year it spent CZK 455 billion buying euros. Since the policy was introduced in November 2013 it has cost CZK 900 billion. The central bank plans to abandon the policy this year but says it will not do so before the second quarter.odkaz na stránku |
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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