(WSJ.com) LONDON—The Czech National Bank could soon take action to tame its soaring currency, analysts warn, after the koruna this week shot to its highest level against the euro since late 2008.
The Czech currency popped to a 20-month high against the euro on Wednesday and showed no immediate sign of turning around in Thursday's trading. That leaves the euro well below the psychologically significant low point of 25 koruna for the first sustained period since the darkest days of the global financial crisis.
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