Reservas FX

Date Time Left   Event Impact Previous Consensus Actual
Oct 07, 08:00  Reservas FX €55.06B €56.46B

Reservas FX

The FX reserves released by the Czech National Bank present the assets the Central Bank holds in reserve. FX reserves can be a precautionary measure for countries susceptible to financial crisis. It can also be used to manipulate exchange rates.  A high reading is is seen as positive (or bullish) for the Czech Koruna, while a low reading is seen as negative (or Bearish).



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