Czech c.bank says firm crown dampening inflation

...in the robust economy, meeting minutes showed on Friday.

The six policymakers present at the meeting voted unanimously to hold the main two-week repo rate at a five-year high of 3.25 percent , following a 25 basis point hike a month earlier, its sixth such move since October 2005.

"The board discussed the current evolution of the exchange rate and agreed that its present level was strongly anti-inflationary compared to the forecast," the minutes said.

"The turmoil on global financial markets and the approval of the fiscal reform were identified as events raising the uncertainty of the decision-making process above its usual level," the minutes noted.

FULL TEXT OF MEETING MINUTES: [ID:nL05461407]

[PRAGUE/Reuters/Finance.cz]