Thursday, the Czech Koruna edged slightly higher from a 2-day low of 17.5240 against the US dollar after the nation's central bank decided to maintain its key interest rates for a sixth consecutive time.

As widely expected, the board decided to leave the two-week repo rate unchanged at 0.75%. The discount rate was retained at 0.25% and the Lombard rate at 1.75%.

The domestic currency has been in an upward channel against the greenback so far this year. The Czech currency has appreciated almost 10 percent since January 10 to reach nearly a 3-month high of 17.3190 yesterday.

The dollar-koruna pair that finished Wednesday's deals at 17.4625 is presently quoted at 17.49. On the upside, 17.0 is seen as the next likely resistance level for the Czech currency.

US Dollar vs CZK (FX:USDCZK)
Graphique Historique de la Devise
De Déc 2024 à Jan 2025 Plus de graphiques de la Bourse US Dollar vs CZK
US Dollar vs CZK (FX:USDCZK)
Graphique Historique de la Devise
De Jan 2024 à Jan 2025 Plus de graphiques de la Bourse US Dollar vs CZK