Secretive bankers look for £15m leak

THOSE who inhabit the nether regions of the Central Bank monolith in Dame Street are a reclusive lot and they particularly hate…

THOSE who inhabit the nether regions of the Central Bank monolith in Dame Street are a reclusive lot and they particularly hate it when anybody reports that they have been active in the currency markets, buying and selling Irish pounds as the situation takes them.

For that reason, expect some informal contact between Dame Street and the various treasury operations around Dublin following yesterday's report in these pages that the Bank had pumped £15 million into the pound to prop us up against the soaraway D-mark.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective