(Bloomberg) -- The Czech koruna traded near a 2 1/2-
month high as the central bank raised its main interest rate by
quarter-point, as expected by economists.
The bank's seven-member board raised the 14-day repurchase
rate to 3 percent, still the European Union's lowest. The
increase was the second this year as the bank attempts to quell
accelerating inflation.
Read more at Bloomberg Currencies News
month high as the central bank raised its main interest rate by
quarter-point, as expected by economists.
The bank's seven-member board raised the 14-day repurchase
rate to 3 percent, still the European Union's lowest. The
increase was the second this year as the bank attempts to quell
accelerating inflation.
Read more at Bloomberg Currencies News
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