Czechs Back First Koruna Sales in 11 Years on Inflation

The Czech central bank approved the first koruna sales in more than a decade to ease monetary policy after inflation slowed to the lowest in 3 1/2 years. The Ceska Narodni Banka said today it will intervene to keep the currency near 27 per euro. The koruna weakened 2.9 percent after the announce…

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Czechs Back First Koruna Sales in 11 Years on Inflation

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