Czech c.bank says no comment on global rate cuts

08.10.2008 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

The Czech central bank said it had no immediate comment on Wednesday on a coordinated interest rate cut by major world central banks...

...

The Czechs cut the main repo rate by 25 basis points in August to 3.50 basis points, and thus remains 25 basis points below the new European Central Bank's rate following Wednesday's 50 basis point cut by the ECB.

[PRAGUE/Reuters/Finance.cz]

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