CEE MARKETS-Crown holds gains into rate meeting, stocks up
The Czech crown held onto gains on
Thursday as the country’s central bank met and was likely to
hold fire on interest rates despite a continuing debate over a
possible hike, while stock markets in the region were boosted by
better global sentiment.
The crown was near its strongest levels in four months but
stuck to the weak side of the psychological 25.50 per euro
barrier, with analysts expecting stable rates.
The Czech central bank is one of the few in Euro
Thursday as the country’s central bank met and was likely to
hold fire on interest rates despite a continuing debate over a
possible hike, while stock markets in the region were boosted by
better global sentiment.
The crown was near its strongest levels in four months but
stuck to the weak side of the psychological 25.50 per euro
barrier, with analysts expecting stable rates.
The Czech central bank is one of the few in Euro
Posted by Reuters