Free Trial

Czech National Bank Raises Rates by 50bps, Alongside Expectations

CNB
  • Czech central bank raise their two-week repo rate by 50bps to 5.00%, alongside market expectations.
  • Press release here: https://www.cnb.cz/en/cnb-news/press-releases/CNB-...
  • Attention turns to the upcoming press conference with CB governor Rusnok at 3.45pm local time (1445BST / 0945ET).
  • No meaningful response in the EUR/CZK rate, with the cross trading either side of the 24.40 level.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.