Tag: weak

Krabika cigarette is a healthy crown, and there is a weak crown
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Krabika cigarette is a healthy crown, and there is a weak crown

After five years he has to dig deeper into his pocket, the price of cigarettes is going up. Their producers are healthy by at least two crowns per box due to the excise tax, which must be reconciled with the European Union. Given the outside price will bring a weakened crown. A box of cigarettes will cut me by a year. Stop smoking or prepare to be stt vc and vc. Due to the weakening of crowns, not only after the intervention of the Czech National Bank, a box of cigarettes will increase by five and six crowns in two years.In addition, the price of about two crowns per box, which comes in the fifth year, is in full at two years. It was supposed to be the last one for some time, due to the excise duty with the European Union.Fro...
The weak koruna helped Kutnohorsk Philip Morris to nrstu need
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The weak koruna helped Kutnohorsk Philip Morris to nrstu need

Last year, the Kutná Hora factory of the Philip Morris global concern managed to increase sales by ten percent to 14 billion crowns. Profit rose 1.3 percent to 2.3 billion. Behind the growth is a weak crown and outside the car. The company, which is listed on the stock exchange, proposed to pay a dividend of 880 crowns per share. Analysts have predicted the number, especially due to growing exports. Sales volume in the Czech Republic increased by 7.6 percent, in Slovakia by 7.5 percent. Exports increased by 12.7 percent.According to the company, consolidated sales increased mainly due to the favorable development of prices, the volume of sales and the share of individual brands in sales in the Czech Republic and Slovakia, the...
The weak koruna and the adoption of the euro are unrelated, NB rejects Zeman’s criticism
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The weak koruna and the adoption of the euro are unrelated, NB rejects Zeman’s criticism

The Czech National Bank rejected critical remarks by President Miloe Zeman about the devaluation of the koruna. Zeman said on Thursday that with this step the NB wants to turn away the euro. However, Vice-Governor Vladimír Tomk said on Sunday that there was no absolute connection between the two. The long-term policy of the Czech National Bank does not represent the bottom line for the adoption of the euro in the Czech Republic, Tomk told Vclav Moravec on television.The vice-governor added that the NB sent the president regular analyzes. He did not want to comment on the individual Zeman’s years.The President criticized the NB after meeting with representatives of the department (see here). I do not rule out that the steps tak...
NB maintains a weak koruna and until the second half of 2016
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NB maintains a weak koruna and until the second half of 2016

The Czech National Bank will end its weakening currency in the second half of 2016 at the earliest. The decision was made by the central bank, which has so far declared that the intervention regime will not end in 2016. NB Governor Miroslav Singer announced the extension of the press conference after one bank board.At the same time, the Bank Board reiterated that in the event of long-term downward pressure on prices, capable of causing a drop in domestic demand, and a systematic decline in the effects of inflation and renewed risks of deflation in the domestic economy, it is ready to move further koruna. This would mean shifting the volume of keeping the koruna around the 27 K / EUR limit to weak values.Singer also reiterated tha...