March 24, 2020 / 11:23 AM / 8 days ago

Czech central bank says proposed legal amendment does not alter ban on monetary financing

PRAGUE, March 24 (Reuters) - A Czech government-backed legal amendment aiming to widen the central bank’s powers to buy securities on the market does not alter a ban on monetary financing and does not allow the central bank to enter the primary government debt market, the central bank said on Tuesday. (Reporting by Jan Lopatka)

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