Czech's Tuma taciturn on koruna's slump

Zdenek Tuma, the governor of the Czech National Bank (CNB), has said he sees "no need to comment" on recent fluctuations in the value of the koruna against the euro.

The currency has fallen over 7.5% from its record peak of Kc22.925 on 21 July, and closed Thursday at Kc24.66, after the CNB cut interest rates by 25 basis points on 7 August. Trading in the currency has been affected by concerns about Czech inflation, which in July was running at 6.9% after peaking at 7.5% in the first two months

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.