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Wednesday February 5, 2014 MYT 9:40:03 PM
Wednesday February 5, 2014 MYT 9:41:04 PM
Czech Prime Minister Jiri Rusnok (R) tenders the resignation of his cabinet to President Milos Zeman at the Prague Castle in Prague August 13, 2013. REUTERS/David W Cerny
PRAGUE (Reuters) - Czech President Milos Zeman appointed former Prime Minister Jiri Rusnok to the central bank on Wednesday, tapping an ally who supports moving the country closer to adopting the euro.
Rusnok, a 53-year-old economist and leader of a caretaker government until last month, has also backed the central bank's policy of weakening the crown currency to fight deflation risks and help an economy recovering from a record-long recession.
He will join the seven-member board from March 1, replacing Eva Zamrazilova, who had expressed caution over launching the interventions.
(Reporting by Robert Muller; Editing by Hugh Lawson)
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