Central Bank: No forex interventions made in October

08-12-2015

The Czech National Bank made no interventions on the forex market in October, according to data on the central bank's forex deals released by the bank on Tuesday. The central bank last intervened against the firming crown in September. The aim of the interventions launched in Nov 2013 is to keep the crown's rate below 27 crowns to the euro. The crown has approached this mark several times in the past months. The bank’s board recently said it may extend its forex interentions beyond 2016.