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:
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