May 11, 2022 - 03:37 PM 268 views
As per the economists
at ING report, "It’s going to be a very big day for the Czech Republic
Bank." Ales Michl, a dove CNB (a financial advisor who promotes monetary
policies), will most likely take over as governor of the Czech Republic Bank.
Prior, it was Jiri Rusnok, whose term as the governor of the Czech Republic
Bank ends in June.
The EUR/CZK currency pair volatility seems to
be promising over the next two months because the current hawks have at least
one last chance to express themselves at the June 22nd meeting.
Despite having a potentially big turn in the
second half of the year, the Czech Koruna seems to remain weak.
Once the confirmation news is released
regarding the next Czech Republic Bank Governor, who will be Ales Michl, then
it could have a strong hit on Koruna again.