Czech exchange commitment will ‘probably’ run beyond July 2016

The Czech National Bank

The Czech National Bank will "probably" keep its exchange rate commitment running beyond July 2016, the board agreed at its September meeting – though it decided against formally extending the exit date.

At its September 24 meeting the board discussed the case for easing monetary policy further, including by extending its exchange rate commitment, but ultimately – and firmly – decided against it, minutes from the meeting show.

At the conclusion of the meeting, the board repeated its commitment

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