27th September 2015

CTK/Prague Post: CNB keeps foreign exchange regime until late 2016

The Bank Board of the Czech National Bank (ČNB) today decided to continue the regime of forex interventions with the aim to keep the Czech crown's exchange rate near Kč 27 per euro...The board reiterated that it will not end the forex intervention regime sooner than in the second half of 2016, ČNB Governor Miroslav Singer said at a press conference after the board's meeting. The ČNB 's forecast envisages the intervention regime to continue until the end of 2016...Read details.

Members of the American Chamber of Commerce in the Czech Republic