Czech Governor Awarded Banker of the Year 2014

People ♦ Published: January 3, 2014; 17:13 ♦ (Vindobona)

Miroslav Singer, governor of the Czech National Bank (CNB) was given the Central Banker of the Year 2014 award for Europe by The Banker.

Czech Governor Awarded Banker of the Year 2014 / Picture: © Vindobona.org

Singer received the award for the forex interventions in late autumn, as announced by Marek Petrus, spokesman of CNB, today. Forex interventions were taken out on November 7 last year.

In November the value of the Czech koruna dropped by 4.5 percent. Last time the CZK was at such a low rate was in mid-2009. The national bank intends to keep the currency close to CZK 27 to the…

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