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ČNB keeps basic rates unchanged

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At its meeting on June 25, 2015, Czech National Bank (ČNB)’s Board confirmed its commitment, should the need arise, to intervene on the foreign-currency market to weaken the koruna so that it kept at around the CZK 27/EUR level. At the same time, the ČNB Board decided to keep the interest rates at their existing levels: 0.05% for the two-week repo rate, 0.05% for the discount rate and 0.25% for the Lombard rate.


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