Czech c.banker may consider cutting rates - paper

...central banker was quoted on Wednesday as telling the business daily Hospodarske Noviny.

The paper quoted Singer, a pragmatic member of the central bank's policy board, as saying there were no signals that a possible lowering of interest rates would threaten the economy.

The crown rallied to record highs versus its key reference currency, the euro, in late 2006 but its tightening effect on the economy has so far led markets to expect the central bank to delay interest rate hikes, rather than to cut borrowing costs.

[PRAGUE/Reuters/Finance.cz]