Chart of the Day: Czech peg break
Apr 04, 2017 15:53 pm UTC| Commentary Central Banks
The volatility curveof the Czech Koruna is suggesting that the market is pricing the much-anticipated peg withdraw by the Czech central bank within the next 2 months. The central bank hasnt given out any specific date...
Sniffing a Peg-break Series: Violent moves unlikely in EUR/CZK
Jan 26, 2017 08:39 am UTC| Commentary Central Banks
Czech National Bank (CNB) confirmed earlier this month that the central bank would abandon its almost four-year-old Euro-Koruna peg this year and sometime middle of the year. The date is yet to be chosen. Looking from the...
Sniffing a peg break Series: Koruna-Euro peg to end this year
Jan 20, 2017 07:27 am UTC| Commentary
Czech National Bank (CNB) chief confirmed the speculation that the Euro-Koruna peg would be abolished by the central bank in 2017. They prefer a time in the middle of the year but havent decided yet. CNB instituted the peg...
Sniffing a Peg Break Series: Koruna- Euro peg likely to break soon
Jan 10, 2017 11:19 am UTC| Commentary Central Banks
According to talks and rumors in the market, the Czech Central Bank, which has kept the Czech Koruna (CZK) pegged with the Euro since 2013 at 27 per euro could soon break away from this monetary policy regime. In an...
Nigeria's move from a fixed to a floating exchange-rate policy
Jun 30, 2016 14:53 pm UTC| Insights & Views
Africas largest economy has finally floated its fixed currency exchange rate for the first time in history. The freeing of the Nigerian naira after months of policy debates saw the currency immediately plummet by...
Currency Peg Series: Saudi Arabia verbally defends Dollar peg
May 30, 2016 11:07 am UTC| Commentary
Ahmed al-Kholifey, Governor of Saudi Arabias Monetary Authority (SAMA) dismissed that kingdom may consider revising its currency peg with U.S. Dollar, which will result in a significant devaluation of Riyal from its...
February’s soft inflation readings to make way for RBI to cut rates in April
Mar 15, 2016 06:40 am UTC| Commentary
Indias WPI and CPI inflation numbers for February came below expectations. CPI inflation decelerated to 5.2% y/y in February from Januarys 5.7%, mainly due to weaker food prices, whereas core inflation accelerated....
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well
Political donations rules are finally in the spotlight – here’s what the government should do