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ČNB banker Zamrazilová swung Dec vote

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Czech central banker Eva Zamrazilová swung the balance on the bank’s governing board in favour of a quarter point interest rate cut at a 16 December meeting, minutes from the session showed on Wednesday. The move brought Czech borrowing costs to a record low, with the main two-week repo rate used to suck up excess liquidity at 1%, on par with the euro zone.

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