Czech Koruna Remains Weaker Against Euro After Rate Rise
The Czech National Bank raised its policy rate to 4.0%, while the koruna remained weaker against the euro.
The Czech koruna remains weaker against the euro after the Czech National Bank delivered a highly anticipated 25-basis-point interest-rate rise to 4.0%. Inflation pressures have increased this year, Capital Economics economist Nicolas Crittenden says in a note. "The government's plans for a minimum…