Czech National Bank keeps key rate at "technical zero"

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Source: Bloomberg
© Scanpix/AP
Czech central bank decided to keep its key interest rate at 0.05, also called "technical zero", which is nearly half a point lower than The European Central bank's rate. Currently, authorities have not made any further comments before the news conference at 4:00 p.m. Prague time. The Koruna added 0.2% to 25.913 per Euro at 12:31 Prague time.
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