Impact of Central Bank Meetings on Currency Movements in the CEE Markets

Wednesday, 20 March 2024, 09:42

The Czech crown experienced a decline as markets awaited a central bank meeting with expectations of continued easing. Rate setters are likely to keep the easing pace steady due to inflation reaching the target range. The focus on central bank decisions is influencing currency movements in the Central and Eastern European markets.

Currency Movements in CEE Markets

The Czech crown slipped on Wednesday ahead of a central bank meeting later in the day where rate setters are expected to maintain the bank's easing pace as inflation has returned to the target range.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Currency Movements in CEE Markets

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