From WSJ: The Czech National Bank could soon take action to tame its soaring currency, analysts warn, after the koruna this week shot to its highest level against the euro since late 2008.
The Czech currency popped to a 20-month high against the euro on Wednesday before pulling back slightly to 24.775 per euro Wednesday afternoon in New York. That leaves the euro weaker than the psychologically significant point of 25 koruna for the first sustained period since the darkest days of the global financial crisis..............................................Full Article: Source
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