Markets

Czech crown hits highest level vs euro since FX cap exit

Published July 7, 2017 Updated July 7, 2017 03:06pm

At 1455 GMT the crown was up 0.3 percent on the day at 26.068 to the euro, off a fresh high of 26.048.

The central bank had kept a cap on crown strength, preventing it from firming past 27 to the euro for more than three years before ending the policy on April 6.

 

Copyright Reuters, 2017