Central bank head to meet exporters over strong crown
The governor of the Czech National Bank, Zdeněk Tůma, is to discuss the strong crown with the Czech Association of Exporters next week, the group’s Jiří Grund told the news website aktualne.cz. Mr Grund said that exporters did not want to dictate to the central bank; nevertheless, he said, an interest rate rise had lead to speculation and a further strengthening of the crown. He said a quarter-point cut in interest rates would help Czech exporters. The crown again set new records against both the euro and the US dollar this week.