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Wednesday, 5 February 2014 | MYT 9:40 PM

Czech president appoints former PM Rusnok to central bank board

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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