Czech National Bank interest rate cut leads to Koruna weakening – Analysis and Predictions

2/9/2024 Updated 2 hours ago|Source: ČT24, ČTK Events: The crown weakened (source: ČT24) The Czech National Bank’s (ČNB) interest rate cut on Thursday immediately reacted to the exchange rate of the koruna, which weakened by 24 pennies to 25.21 crowns per euro. The Czech currency was thus the weakest since May 2022. Against the dollar, … Continue reading Czech National Bank interest rate cut leads to Koruna weakening – Analysis and Predictions