CNB board makes no policy change at meeting

The Czech central bank (CNB) said on Thursday its regular governing board meeting had ended and no monetary policy decisions had been taken.

The bank gave no further comment despite the fact that the crown currency reached a new all-time high of 34.25 bid to the euro on Thursday morning. The bank also declined to comment on crown appreciation on Wednesday, which the market took to mean it not likely to intervene to curb its strength.

Most analysts believe the CNB will begin tightening rates in

To continue reading...

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 indvidual account here: