Koruna's climb hampering economy: CNB officials

Zdenek Tuma, the governor of the Czech National Bank, and Mojmir Hampl, a member of the central bank's rate-setting board, have warned that the appreciation of the koruna is damaging the country's economy, prompting speculation that the central bank will soon cut rates.

The koruna has appreciated by 14.9% against the euro and 23.8% against the dollar since the start of the year.

"With [how] the koruna has performed in the recent months, I dare say that it can't be excluded that we would be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.