The Czech koruna fell today as analysts scaled back expectations for an interest rate hike from the nation’s central bank.
The Czech National Bank will conduct a policy meeting on Thursday. Previously, some experts were predicting the first interest rate hike from the bank in almost a decade. Yet now, forecasters believe that the bank may delay monetary tightening.
USD/CZK rose 0.22% to 22.2336 as of 13:01 GMT today.
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