AIRLINK 74.65 Decreased By ▼ -0.51 (-0.68%)
BOP 5.45 No Change ▼ 0.00 (0%)
CNERGY 4.33 Decreased By ▼ -0.06 (-1.37%)
DFML 28.99 Increased By ▲ 1.35 (4.88%)
DGKC 77.14 Increased By ▲ 5.14 (7.14%)
FCCL 21.41 Increased By ▲ 1.12 (5.52%)
FFBL 31.45 Increased By ▲ 0.40 (1.29%)
FFL 10.00 Increased By ▲ 0.03 (0.3%)
GGL 10.80 Increased By ▲ 0.53 (5.16%)
HBL 114.90 Decreased By ▼ -0.10 (-0.09%)
HUBC 131.04 Decreased By ▼ -0.41 (-0.31%)
HUMNL 6.81 Decreased By ▼ -0.06 (-0.87%)
KEL 4.10 Decreased By ▼ -0.10 (-2.38%)
KOSM 4.76 Decreased By ▼ -0.01 (-0.21%)
MLCF 39.69 Increased By ▲ 2.61 (7.04%)
OGDC 134.99 Decreased By ▼ -0.46 (-0.34%)
PAEL 23.46 Increased By ▲ 0.06 (0.26%)
PIAA 27.48 Increased By ▲ 0.17 (0.62%)
PIBTL 6.64 Increased By ▲ 0.04 (0.61%)
PPL 113.60 Increased By ▲ 0.44 (0.39%)
PRL 28.63 Decreased By ▼ -0.12 (-0.42%)
PTC 15.32 Decreased By ▼ -0.18 (-1.16%)
SEARL 57.77 Increased By ▲ 0.44 (0.77%)
SNGP 67.30 Increased By ▲ 0.31 (0.46%)
SSGC 11.27 Increased By ▲ 0.10 (0.9%)
TELE 9.20 Increased By ▲ 0.06 (0.66%)
TPLP 12.05 No Change ▼ 0.00 (0%)
TRG 70.89 Increased By ▲ 0.50 (0.71%)
UNITY 23.81 Increased By ▲ 0.16 (0.68%)
WTL 1.34 No Change ▼ 0.00 (0%)
BR100 7,478 Increased By 23.2 (0.31%)
BR30 24,393 Increased By 143.5 (0.59%)
KSE100 71,760 Increased By 326.5 (0.46%)
KSE30 23,654 Increased By 87.2 (0.37%)

PRAGUE: The Czech central bank should refrain from further interest rate increases for now, board member Ales Michl was quoted as saying in an interview on Wednesday.

"I think the economy now needs to be left alone, with no activist policy," Michl said in an interview with news agency Bloomberg.

The bank kept its base rate unchanged at its last policy meeting in June and said there might be a lengthy pause before the next policy move. It last hiked rates in May, the eighth move in a tightening cycle going back to 2017.

Copyright Reuters, 2019

Comments

Comments are closed.