The Czech koruna closes weaker today, at 28,28 CZK/EUR. The currency was a leader of today weakness in the region. A negative pressure came from the ECB. European Central Bank has left interest rates on hold, but "strong vigilance" in Trichet´s testimony suggests a hike in March. Overall impression of today ECB is a bit more hawkish than expected, that´s why the euro is firming against the dollar (trading at 1,3034 USD/EUR) and also the CE currencies.
The koruna ended weaker to the dollar at 21,69 CZK/USD. In the morning , quite a sharp fall pushed the rate above 21,70, then some correction came in.