CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business

Czech central bank cuts rates

Published: 28 Sep 2012 - 01:43 pm | Last Updated: 07 Feb 2022 - 01:03 am

A file picture of Czech crown bank notes. The Czech central bank cut interest rates to a new low yesterday to encourage consumers to spend, bringing the bank a step closer to the kind of unorthodox policy tools seen in the United States and elsewhere in Europe.