...Czech economy, central bank (CNB) Governor Zdenek Tuma said on Friday.
"While this (the inflation-dampening effect of a strong crown) is true, I would not like this to be understood as that this would always be the case and that this is systemic," Tuma told a conference.
The CNB board held the two-week repo rate at a five-year high of 3.25 percent for a second consecutive month in the face of a record strong crown last month, but made clear that tighter policy was needed soon to contain resurgent inflation.
[PRAGUE/Reuters/Finance.cz]