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| Czech central bank seen curbing volatility when low crown regime ends |
| Prag, 04.04.2017 |
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| The Czech crown has just witnessed a taster of what the central bank, government, and business do not want to see – some uncharacteristic volatility - following the national bank’s decision not to declare an end date for the low crown. Some speculators have probably temporarily cashed in on their crown positions but there’s still a lot of cash in play and it is not necessarily a one way bet, as Patria Finance chief economist, Jan Bureš, explained.
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