Czech cbank says ready for FX intervention if needed- paper


PRAGUE, Oct 11 (Reuters) - The Czech central bank is readyto intervene to weaken the crown currency if it feels there is arisk of long-term deflation pressures, Governor Miroslav Singerwas quoted as saying on Monday.

But the bank is not currently discussing details about anysuch intervention, he said in an interview with dailyHospodarske Noviny.

Singer also said the bank did not have a "dramatically goodfeeling" about the current crown rate, which is stronger onaverage than the bank's forecast.

(Reporting by Jana Mlcochova; Editing by John Stonestreet)

((jana.mlcochova@thomsonreuters.com)(+420 224 190 479)(ReutersMessaging: jana.mlcochova.reuters.com@reuters.net))

Keywords: CZECH CBANK/