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Reakce rezidentů a nerezidentů na rozšíření fluktuačního pásma pro kurz české koruny
[Residents and Non-residents Response to the Widening of the Exchange Rate Fluctuation Range of CZK]

Author

Listed:
  • Josef Jílek
  • Jiřina Jílková

Abstract

The biggest change in a foreign exchange inter-banks market during the first part of 1996 was an announcement of ČNB about widening of the exchange rate fluctuation range of CZK toward DEM and USD from 0,5 % to 7,5 %. The aim of text is clarification of reaction residents and non-residents on the widening of the exchange rate fluctuation range of CZK on base of ČNB fixing exchange rate and position of banking framework towards residents and non-residents. The behaviour of residents and non-residents was a reaction on possible change of exchange rate CZK towards a group of currency in future nay on real change.

Suggested Citation

  • Josef Jílek & Jiřina Jílková, 1997. "Reakce rezidentů a nerezidentů na rozšíření fluktuačního pásma pro kurz české koruny
    [Residents and Non-residents Response to the Widening of the Exchange Rate Fluctuation Range of CZK]
    ," Politická ekonomie, University of Economics, Prague, vol. 1997(3), pages 390-400.
  • Handle: RePEc:prg:jnlpol:v:1997:y:1997:i:3:id:284:p:390-400
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