Historical intervention from the Czech Central Bank (commentary for WP)

13 Nov 2013 17:41|Conotoxia.com

Author: finanse.wp.pl
Address: http://finanse.wp.pl/Historyczna-interwencja-Czeskiego-Banku-Centralnego
Date: 13.11.2013

The Czech currency’s extraordinarily low volatility has caused the departure of speculation capital. Additionally, a balanced current account, as well as a high rating have caused the Czech Republic to be a dull topic for the financial press. However, this country has got a serious – an extremely low inflation. This provoked a unique decision from the local central bank.

Marcin Lipka, Cinkciarz.pl analyst

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