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Coronavirus
VERY HIGH
Pakistan Deaths
15,619
11824hr
Pakistan Cases
729,920
431824hr
Sindh
269,474
Punjab
252,974
Balochistan
20,397
Islamabad
66,983
KPK
100,275

Czech central bank

Polish zloty eases on surging COVID-19 cases, stocks mixed

Polish zloty eases on surging COVID-19 cases, stocks mixed

  • "We think that the (bank's) view has remained relatively unchanged and that it will continue to look for an opportunity to start normalising its monetary policy," Morgan Stanley said.
  • "We maintain our view that the MPC will start seeing higher chances of a rate hike only in 3Q21."
Published 25 Mar, 2021 05:30pm
Czech central bank holds rates steady as hike clues awaited
Business & Finance

Czech central bank holds rates steady as hike clues awaited

  • All analysts in a Reuters poll this week forecast the main two-week repo rate to stay at 0.25%, where the central bank has kept it since last May following a series of cuts when the coronavirus pandemic started.
  • The central European country has been one of the worst-hit by the latest waves of the pandemic and the central bank has warned of risks to longer-than-expected restrictions on retail and restaurants.
Published 24 Mar, 2021 06:42pm
Czech central bank sets limits on bank dividends
Business & Finance

Czech central bank sets limits on bank dividends

  • The bank said dividend proposals would be assessed individually and it expected to be able to complete assessments in the third quarter.
  • Komercni Banka intends, as soon as the regulators allow, to return the capital surplus exceeding the volume needed in accordance with the outlook for organic and inorganic growth in risk-weighted assets and for capital requirements, to shareholders.
Published 18 Mar, 2021 09:44pm
Czech central bank offers alternative with slower rate rise
Business & Finance

Czech central bank offers alternative with slower rate rise

  • The central bank left interest rates unchanged on Thursday, while the board saw substantial risks to staff forecasts from more prolonged anti-pandemic measures than the outlook assumes.
  • The "Longer-lasting pandemic-induced downturn scenario" predicts slower growth of the interbank rate (PRIBOR), a proxy for the central bank's main rate.
Published 05 Feb, 2021 08:35pm