The CNB lowered its GDP growth forecast for this year from +0.2% to -0.3%. It raised its 2014 forecast from +1.9% to +2.1%. With all seven members present, the CNB board agreed unanimously yesterday to keep its key interest rate at 0.05%. Gov. Miroslav Singer said that the financial markets have contributed to a relaxation of monetary policy by weakening the crown but that relaxation is still needed. The crown strengthened by 26 hellers against the euro CZK 25.36.