So we do not think about the proper moment to exit the Currency Board and have „independent policy“, because we consider that we should enter the EU with the Currency Board and then the euro area, too, in the same or similar way as Baltic states successfully did, not long time ago. 3.
What do we expect from „normalization" of the policy and when do we expect it to happen? First, will interest rates increase? For our Central Bank, it is the ECB policy, but also the global situation in the world, that are of primary importance.