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Czech Central Bank Zeros In on Ending Koruna Cap in Mid-2017

By
Krystof Chamonikolas
  • Bank pledges to maintain koruna limit until at least April
  • Board members say policy change likely in middle of next year

The Czech central bank signaled stronger confidence about when it will scrap its limit on currency gains, as policy makers narrowed the expected window to return to conventional monetary policy in around the middle of next year.

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