| Czech policy makers kept their koruna ceiling in place for a fifth meeting and said they won’t scrap the limit on the currency’s gains before the second quarter of 2015 due to slower inflation (CZCPYOY) at home and abroad.
The central bank kept the benchmark interest rate at 0.05 percent for a 13th meeting, matching the estimates of all 18 analysts in a Bloomberg survey. Policy makers also reaffirmed a commitment not to let the koruna “strengthen too much” beyond 27 per euro, the limit on the currency pair set on Nov. 7...............................................Full Article: Source
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