The Czech koruna declined today to the lowest level since July 2010 after minutes of a central bank’s policy meeting showed that policy makers anticipated slower economic growth in the country.
Czech Koruna CZK
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Czech Koruna News Archive
Czech Koruna Goes Down with Increasing Trade Balance Deficit
The Czech koruna fell today after the report showed the nation’s trade balance deficit widened in August more than was anticipated by market analysts, making the koruna less attractive to investors.
Czech Koruna Weakens as Government May Curb Gains
August 05th, 2010 at 14:10
Czech Koruna
The Czech koruna fell against the euro as the traders expect the government to weaken the currency to protect the nation’s exports and prevent the deflation. Against the greenback the koruna fluctuates between gains and losses after its slumped and then returned to the opening level earlier.
Czech Koruna Rises After Parliamentary Election
May 31st, 2010 at 13:06
Czech Koruna
The Czech Koruna jumped today after the parliamentary election gave most votes to the parties determined to cut the budget spending, removing the concerns of the market participants that the election will be won by the parties intending to increase the social spending.
Czech Koruna Climbs on Industrial Data
December 31st, 2009 at 1:16
Czech Koruna
The Czech koruna advanced to a one week high versus the euro after a positive industrial report that fueled speculations that one of the most affected European economies is emerging for the hardest crisis since the end of communism in Czech Republic.
Czech and Polish Central Banks Leave Rates Unchanged
December 19th, 2007 at 18:46
Czech Koruna , Polish Zloty
After two other European central banks decided to hold their current interest rates, Czech and Polish banks chose to follow the same way and didn’t change their reference interest rates despite the fact that they both raised the rates at the end of November.
