SUBSCRIBERS
Czech crown surges to 3 1/2-year high
Published Thu, Apr 6, 2017 · 09:50 PM
London
THE Czech crown surged almost 1.5 per cent to its highest level against the euro since November 2013 on Thursday, after the country's central bank scrapped the cap on the currency it had in place for 3-1/2 years.
Investors had been alert to the possibility that the Czech National Bank could end the intervention regime that has kept the crown on the weak side of 27 per euro as soon as Thursday, meaning the fallout from the mov…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
CSE Global bags US$36.5 million data centre contract extension
Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Singapore shares open higher on Friday; STI up 0.2%
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
Singapore loses ‘world’s best airport’ crown to Qatar