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The largest US bank is on the Czech crown, which is singing at the strongest level since the outbreak of the pandemic.

Crown since the arrest of April she has strengthened vi euros by about three percent, from the rate of 26.11 in public its strongest level of 25.34. The largest American bank, JP Morgan Chase, gave a solid performance to me. In his today’s published analysis, he recommends that the crown know what it means, e esk mna should take a significant position in the portfolio, it is not common. It is de facto a recommendation to buy.

According to the American bank, the general and other emerging economies should be doing more generally. These economy they have to profit in particular from the post-pandemic economic recovery and thus from the ongoing growth raw material prices.

esk korun svd i pedpoklad trhu, e esk nrodn banka in two or two years or so, it will tighten its monetary policy at one of the fastest rates in the OECD. However, it is true that the market size is not as aggressive for the rapid growth of rates in the Czech Republic as you did before the month. At that time, the market was close to the consensus that the main rate for the year NB correspond to 1.5 percent. Today, the clone leans towards the view that it will be 1.25 percent. In ptch twelve mscch would be so NB should resort to those outside of its basic rates. For example, in eurozn during that time, it is very likely that there will not be any outward, as expected by the market.

Singing crown echm reduces your electronics, or it is traded in dollars. You dollar is crown stle people tletho maxima. Zpevovn crown we dollar thus slowing down growth fuel prices in R, which occurs as a result of the noticeable zdraovn oil on svtovch trzch.

Slc esk mna is a good first for you echywho are going abroad holiday. For example, against tureck lie crown over the last year it has strengthened by about tens of percent, what holiday v Turkey discount IN Turkey although they are quite striking inflation, so the bag is not able to compensate for the fall of the lira.

Take napklad beer v Turkey arrest of przdnin 2016 table in pepot 50 crown, at the same time in 2018 at only 37 crown. In May this year, according to Turkish statistical series averaged 13.7 lira, which according to the May exchange rate lira vi esk mn answer only less than 35 crowns.

Luke Kovanda, Ph.D.

Nrodn ekonomick rada vldy (NERV)

Chief Economist, Trinity Bank

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TRINITY BANK

Trinity Bank has been operating on the financial market for 25 years and the transformation of the Moravian Penn State of Savings Bank has been established. M tm 25,000 clients and its balance sheet amount exceeds 18 billion K.

Trinity Bank specializes in private and corporate banking, with individuals focusing on deposits and savings products, which offer an above-standard valued dispute.

More information at: www.trinitybank.cz

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