Interventions and bank queues in Eastern Europe

FT Alphaville » Lithuania 2013-08-01

Summary:

Reuters is reporting that Poland’s central bank stepped into the spot market for the fourth time in less than three months on Wednesday to help support the zloty versus the euro, which was once again nearing levels last seen in 2009.

But the Bank’s intervention seems to be ever less detectable in terms of price trends:

Continue reading: Interventions and bank queues in Eastern Europe

Link:

http://ftalphaville.ft.com/2011/11/23/759391/interventions-and-bank-queues-in-eastern-europe/

From feeds:

euro-exit » FT Alphaville » Lithuania
euro-exit » FT Alphaville » Latvia

Tags:

poland capital markets bank run latvia lithuania currency intervention

Authors:

Izabella Kaminska

Date tagged:

08/01/2013, 07:19

Date published:

11/23/2011, 05:06