The Czech National Bank (ČNB) has denied speculation it might have acted through foreign counterparts to limit crown weakening at the end of 2018, Reuters reports.
In response to a question on market rumours, board member Tomáš Holub told reporters on the margin of a conference in Prague he could unambiguously reject that happened.
Any swings in the ČNB’s balance sheet would have been caused by autonomous action by foreign clients of the central bank, he said.
Remnants of medieval wall dating back to 1041 unearthed in Břeclav
Prague flats most expensive in Central Europe, in terms of average earnings
Former Huawei employees say client information was discussed at Chinese embassy
Prague’s Žižkov TV Tower set for videomapping of Apollo 11 moon launch, landing
Barbora Strýcová, 33, in “best form” ahead of Wimbledon semi-final against Serena Williams