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CNB says it was active on money market

The Czech National Bank (CNB) was active on the money market on June 17, 2015. At a CIANEWS enquiry, this information was provided by spokeswoman Katerina Bartùšková. According to Patria.cz, the koruna strengthened to CZK 26.99/EUR on July 20, 2015. CNB Bank Council member Jirí Rusnok said that the bank bodies were allowed to intervene should the koruna strengthen. According to Komercní Banka analyst Marek Dřímal, however, no trade was closed below the CZK 27/EUR level on the interbank market.

Source: www.cianews.cz