12.09.2016 - ‘Czexit’?: Clock ticks on Czech currency floor
Since 2013, the Czech koruna has been, arguably, the world’s most boring currency. It may not hold that title for much longer. A recap for those of you who are not Central European currency hipsters: The Czech National Bank imposed a Swiss-style lower limit on the euro-koruna exchange rate in 2013, writes Katie Martin. It has committed to prevent the euro from falling under CZK27, in the hope that a somewhat weaker currency will prevent the Czech economy from undue deflationary pressure..............................................Full Article: Source
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