PRAGUE, June 27 (Reuters) - The Czech central bank (CNB) left interest rates near zero on Thursday and said the likelihood of currency interventions to weaken the crown has risen.
Following are Governor Miroslav Singer's remarks at a news conference following the decision:
ON FX INTERVENTIONS
'We agreed that the probability of launching interventions is growing.'
'Risks are going even further in the direction of the need of loosening monetary conditions in comparison with the forecast. The risk in this direction is... lower domestic inflation. We have not identified any risks going in the opposite direction.'
(Reporting by Jana Mlcochova and Jason Hovet; Editing by Jan Lopatka) Keywords: CZECH RATES/HIGHLIGHTS
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