The Czech National Bank has officially ended its intervention regime to support the koruna, which has been in place since May 2022. During the first year of its implementation, the central bank intervened in the amount of 26 billion euros. However, since January of last year, there has been no active intervention in the foreign … Read more
According to a survey conducted by HN, Czech businesses and analysts predict that the koruna will weaken by the end of the year. The most common exchange rate expected by entrepreneurs and analysts is 24.50 korunas per euro. The strong domestic currency has been causing significant complications for Czech companies dependent on exports to the … Read more
The Federal Reserve Takes a Pause in Interest Rate Hikes In its latest meeting, the US central bank decided to take a break from its 15-month streak of interest rate hikes. However, this pause was not just an ordinary one. Members of the Federal Reserve’s monetary policy committee revised their expectations for this year’s rate … Read more