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