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Crown drifts down after weak Czech PMI data

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The Czech crown slipped 0.1% on Monday, nearing its lowest in more than three months, after data showed manufacturing sentiment remained stuck at a six-and-a-half-year-low. The headline Czech Markit Purchasing Managers’ Index (PMI) reading was flat at 46.6, below the 50-point-mark dividing business activity expansion from contraction.

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