Saturday, 30 March 2024

EUR / CZK

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Recent News
  • TEXT-Czech c.bank: desirable to raise rates gradually -Nov 2 minutes

    21:03 | 10/11/17
    Kitco News
    The economy would benefit from stable demand growth in the Czech Republic's main trading partner countries. A majority of the board ... It may appreciate at a slower rate than forecasted in the next few quarters due to overboughtness of the koruna market. more»
  • Czech Republic Passes Restrictive Online Gaming Laws

    10:30 | 2/7/16
    PokerNews.com
    The situation is even more unattractive to online poker operators and its Czech customers. According to Online Poker Report, online poker bets can't exceed 1,000 Czech Koruna ($40.98), and winnings in any specific game or tournament are capped out at ... more»
  • Maverick Czech's tax fraud fight

    01:38 | 16/6/16
    POLITICO.eu
    The Czech state had a VAT gap of 92 billion koruna (€3.4 billion) in 2014 ,or 28.5 percent of total VAT owed, according to Alexej Sato, an academic at the University of Economics in Prague. more»
  • Koruna Devaluation More Likely After Zeman Attacks Central Bank

    05:07 | 20/2/15
    Bloomberg
    (Bloomberg) -- Czech President Milos Zeman's attacks on the central bank's weak-koruna policy may backfire and spur further devaluation, according to Ceska Sporitelna AS and Nomura Holdings Inc. The currency ... Zeman, who picks the nation's central ... more»
  • Next Czech Central Bank Leaders Must Back Euro Entry, Zeman Says

    04:56 | 19/2/15
    Bloomberg
    The central bank's 2013 decision to weaken the koruna and impose a cap the currency's gains was an intentional move to delay euro adoption, after which the regulator will lose its power to conduct monetary policy, said Zeman, who has the sole ... “I'll ... more»
  • Will the CNB activate a foolproof way for the CZK?

    03:03 | 10/1/15
    FXStreet
    With the Czech economy being small and extremely open, the exchange rate of the koruna, i.e., the targeted weakening of the exchange rate, was used as an alternative instrument to ease the monetary conditions. more»
  • Hungary Central Bank Holds Main Rate as Consumer Prices Decline

    02:18 | 17/12/14
    Bloomberg
    ... benchmark rate at a record-low 2 percent earlier this month. In the Czech Republic, policy makers have resorted to market interventions to weaken the koruna after the central bank cut the main rate to what it calls a “technical zero” of 0.05 ... more»
  • Emerging-Markets Currencies Tumble to Decade-Low on Dollar, Oil

    22:41 | 8/12/14
    Businessweek
    Argentina's peso and Czech Republic's koruna will lead declines among 16 of 23 developing-nation currencies next year, according to strategist forecasts compiled by Bloomberg. more»
  • Lowest EU Yields Pose Risk as KBC Czech Unit Looks Abraod

    09:03 | 4/12/14
    Bloomberg
    Czech banks, some of the best-capitalized in Europe, have been flooded with extra liquidity since the central bank a year ago sold 200 billion koruna ($8.9 billion) in the currency market to weaken the exchange rate and avert deflation. They have ... more»
  • PPF Offers to Buy Out Small Retail Shareholders in O2 Czech

    00:37 | 20/11/14
    Capital.gr
    PRAGUE--Czech investment firm PPF Group Wednesday offered to buy a limited number of shares held by retail investors in telecommunications company O2 Czech Republic AS (BAATELEC.PR) at a 25% premium to the stock's current market value. PPF, which is ... more»
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