Czech National Bank Keeping 27 CZK/EUR Exchange Rate for 2017
Czech National Bank unlikely to exit from EUR/CZK floor The CNB still has no alternatives to regular interventions in the foreign exchange market to support the 27.00 CZK/EUR level. In May the Czech National Bank acquired EUR 575 million for this reason, bringing the total to 12.7 billion EUR considering period from July 2015. Even