Tag Archives: foreign exchange

Why so reluctant?

You see, it certainly is possible. But why the hell does the governener have to speak so loudly about possible policy changes just two days before I make my tuition payment in foreign currency?! I can never be satisfied…

Sounds familiar…

The combination of slowing demand, strong exchange rate and high energy prices should, according to my calculations, decrease the profit of an average manufacturing company by almost a half. [...]

The question is whether such dark outlook is necessary, considering the Czech National Bank has means available to fight the disproportional growth of the Koruna.

Hospodářské noviny — original in Czech, translation mine.