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Reuters interview with Czech central banker knocks crown 10.14.2009 An exclusive interview with the Czech central bank governor, one of many landed by the Reuters team in Istanbul, weakened the Czech crown. Zdenek Tuma said he would consider intervening in the currency markets to weaken the crown, or cut interest rates, to achieve the same end. The crown slipped to 25.7010 against the Euro over three days from 25.4050, while other eastern European currencies were firm to flat during that period. The Oct. 5 interview was still being cited as a major factor by forex traders. The graph shows the euro’s climb versus the crown since the interview was released. MARKET IMPACT The Czech crown slipped to 25.7010 against the Euro over three days from 25.4050. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

FX & Money Markets

Macroeconomics, monetary policy, FX and money markets

Reuters interview with Czech central banker knocks crown

10.14.2009

An exclusive interview with the Czech central bank governor, one of many landed by the Reuters team in Istanbul, weakened the Czech crown. Zdenek Tuma said he would consider intervening in the currency markets to weaken the crown, or cut interest rates, to achieve the same end. The crown slipped to 25.7010 against the Euro over three days from 25.4050, while other eastern European currencies were firm to flat during that period. The Oct. 5 interview was still being cited as a major factor by forex traders. The graph shows the euro’s climb versus the crown since the interview was released.