20th July 2015

Czech National Bank holds 27CZK/EUR, more frequent interventions possible

For the first time since November 2013, the Czech National Bank intervened to hold the Czech crown above the 27CZK/EUR level. We could see more frequent small interventions, as more and more euros are flowing into the economy and the crown exchange rate has been very close to the intervention line, analysts say...Read more here and here.

Members of the American Chamber of Commerce in the Czech Republic