Saturday, 20 October 2018

ČNB likely to raise interest rates

Prague TV |
25 October 2017

The Czech crown broke the border of CZK 25.60 per euro Oct. 24, reaching CZK 25.57, and is at its strongest since October 2013. The strengthening was helped mainly by the growing investor expectation that the Czech National Bank (ČNB) will raise interest rates for the second time this year.