Thursday, the Czech Koruna edged slightly higher from a 2-day low of 17.5240 against the US dollar after the nation's central bank decided to maintain its key interest rates for a sixth consecutive time.

As widely expected, the board decided to leave the two-week repo rate unchanged at 0.75%. The discount rate was retained at 0.25% and the Lombard rate at 1.75%.

The domestic currency has been in an upward channel against the greenback so far this year. The Czech currency has appreciated almost 10 percent since January 10 to reach nearly a 3-month high of 17.3190 yesterday.

The dollar-koruna pair that finished Wednesday's deals at 17.4625 is presently quoted at 17.49. On the upside, 17.0 is seen as the next likely resistance level for the Czech currency.

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