Why and how has the CNB changed its forex reserve management strategy? A video interview with Governor Jiří Rusnok (video with English subtitles) https://t.co/2HHXY4BQ3g #CNB_cz Česká národní banka (@CNB_cz) January 11, 2018

The Czech National Bank's loss of 245bn CZK (due to appreciation of the korune) is a reality...and the longer the bank will cover the loss from its future profits, the longer it won't contribute to the state budget, Jakub Seidler of ING Bank comments meanwhile.