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Prague, June 25 (CTK) - The Bank Board of the Czech National Bank (CNB) decided to make no changes to interest rates, and the key rate remains at 1.50 percent, CNB spokesman Marek Petrus has said. Analysts had expected a rate cut owing to economic downturn. Interest rates are at their lowest ever level in the Czech Republic. Thursday's meeting was attended by five members of the governing board, vice-governors Mojmir Hampl and Miroslav Singer were absent. Four central bankers voted for keeping the rates flat and one was for their cutting by a quarter point, CNB governor Zdenek Tuma said at Thursday's press conference. "The Bank Board has apparently decided to wait for a new forecast and a meeting in August. We count for now on the benchmark two-week repo rate to remain stable at 1.50 percent at least until the end of the... [read full story]
The traditional Malacca House is Tourism Malaysia’s centrepiece at the world’s biggest tourism showcase in east London this week. Despite this, visitors will be enthralled by all the razzmatazz of the planet’s biggest tourism...
Branding and design consultancy Purple Circle has gained official recognition that it’s branding is effective, with a Gold DBA Design Effectiveness Award. Purple Circle has gained this recognition on a mass scale across the...
Reuters – A man is reflected in a marble plate of a monument with the names of some 20,000 victims of the communist … By Anna Mudeva Anna Mudeva – 19 mins ago BELENE, Bulgaria (Reuters) – In the dense forests of the idyllic...
future of hedge accounting under IFRSs. The webcast was hosted by Veronica Poole, Deloitte, Head of Global IFRS Office (London) and Andrew Spooner, Deloitte, Global Head of Financial Instruments Accounting. Click for: 5...
