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RSS FeedsCzech crown drops with CPI surprise, leu dips after Romanian govt falls
(World News Cezch Republic)

 
 

10 october 2019 22:15:26

 
Czech crown drops with CPI surprise, leu dips after Romanian govt falls
(World News Cezch Republic)
 


PRAGUE — The Czech crown had its biggest fall in 2-1/2 months on Thursday after a sharp drop in consumer prices dented rate hike expectations, while the leu eased when Romanian lawmakers toppled the government in a vote, extending political uncertainty. Other currencies stuck in recent ranges, with the Hungarian forint gaining 0.2% to 333.50 to the euro and Poland’s zloty trading flat at 4.321. The crown was the biggest mover, losing almost 0.4% to 25.892 to the euro after data showed prices dropped 0.6% month-on-month in September, pulling the headline year-on-year rate down to 2.7% and away from the upper end of the central bank’s preferred range around its 2% target....


 
30 viewsCategory: General > Europe > Czech Republic
 
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