Sponsored Content
Czech National Bank Expects More Interest Rate Cuts
Politics ♦
Published: September 27, 2012; 19:31 ♦ (Vindobona)
Sponsored Content
The governor of the Czech National Bank Miroslav Singer explained that the monetary easing program will continue.
Czech National Bank Expects More Interest Rate Cuts / Picture: © Vindobona.org
According to Singer, the Czech interest rate may even decline to zero. Even foreign exchange interventions are not excluded anymore.
After the two-week repurchase agreement rate was cut to 0.25%, further measures may follow. In order to help the country to leave the recession behind, the national currency may be weakened.
Unlike the Polish National Bank or the Hungarian…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Sponsored Content