The crown will fall, in the event of the conquest of Kiev by Russian troops will find itself in the open. NB especially will have to intervene, you sell foreign exchange

Crown is weakening today. Jak vi eurosthank you dollar. We euros fall to equal 26.00 crown for euro. At Monday, it closed its store below 24.80. For nothing business days, therefore, it weakened more than the crown. According to Bloomberg, its bottom day is 25.94. This is the absolute weakest value
crown from April 2021.

Course crown
k dollar today for the first time since the turn of June and November 2020 pekroil rove
23,00. Crown weakened and at 23.40 outflow from Which Bloombergu.

esk mn men put a noticeable weakening, especially you dollar. Pat among the estates of me who are in the world Russian invasion and Ukraine most damaged. Since the last invasion, she had weakened significantly on her side forint, zlotho,
rubles and me Kazakhstan a Kyrgyzstnu.

International currency traders crown into one bag with other countries, they are globally geographical Of Ukraine. He plays a role that way
business provzanost eska s Russiappadn s Ukrainei
energetick dependence on Russia.

In connection with the weakening crown threat esku called inflan spirla. According to the days of analytics at first Deutsche Bank hroz yeah euros. Crown I can go stronger or it will be much smaller economy, not the euro area. esko is in addition geographically ble vlc Ukraine not very whole. Geografick blzkost m minimln svj psychologick effect.

Euro according to the changes at first Deutsche Bank and the European Central Bank should intervene to support it. This would be the first time in 11 years.
m it’s now dollars oil prices you, it’s dark euro weak you dollarwhat the first threat eurozone uvrhnout do inflan spirly.

Ta tedy hroz i esku. esk nrodn banka so he will probably have to intervene, for example by selling sti svch foreign exchange reserves. At the same time, he will have to lift harder basic annual rateespecially at 5.5 percent.

If Kyiv falls into the hands ruskch vojk, crown I find myself in the open. Then it would be necessary intervention of the national bank it was urgent, and it would be an emergency. A similar effect, ie free land, should have a noticeable Peruvian addition to the crown gas i oil from Ruska do Of Europe.

Luke Kovanda, Ph.D.

Nrodn ekonomick rada vldy (NERV)

Chief Economist, Trinity Bank