Czechs at home sitting on “piles of money”. The bank said how much they have!

Czechs at home sitting on “piles of money”.  The bank said how much they have!

The amount of money in circulation among people is constantly growing. On November 19, this amount exceeded 700 billion crowns. On this occasion, the Czech National Bank issued a press release in which it provides interesting information about money among people. In terms of one Czech, it is estimated that he holds approximately 65,000 crowns … Read more

Dawn: Biden’s chances are growing. What does this mean for markets and the koruna? Today the CNB

Dawn: Biden’s chances are growing.  What does this mean for markets and the koruna?  Today the CNB

The American election drama continues. Correspondence voices greatly strengthened Joe Biden’s chances during yesterday. Although Donald Trump’s chances are sinking at first glance, the result is not yet clear. Four states remain to be counted, and Joe Biden needs to get at least one more “scalp”. He leads only in Nevada, where his lead is … Read more

Dawn: The contagion in the Czech Republic is spreading rapidly, the koruna is weakening and a negative CNB scenario may occur

Dawn: The contagion in the Czech Republic is spreading rapidly, the koruna is weakening and a negative CNB scenario may occur

The Czech National Bank can be satisfied. The koruna is visibly losing in the last week and has approached the levels assumed by the central bank’s latest forecast. The problem is that, in addition to declining stock markets, the rapid growth of those infected in the Czech Republic is to blame. The second wave of … Read more