All 7 Czech c.bankers to decide on rates Oct. 25

18.10.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

All seven members of the Czech central bank's (CNB) policy board will attend the Oct. 25 interest rate-setting meeting, the CNB said on...

...Thursday.

A majority of analysts in a Reuters poll expect no rate change at the meeting where policymakers will also discuss the quarterly forecast update taking into account the crown's nearly 5 percent rally to the euro since July.

The CNB raised interest rates to a five-year high of 3.25 percent in August, but the strong crown and uncertainty fed by the global credit crunch have led policymakers to signal a diminishing scope for more rate hikes.

[PRAGUE/Reuters/Finance.cz]

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