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> But for countries struggling to keep parity with the Euro today being in the Euro would have immediate advantage (... Czechia) ČNB actually intentionally wea
by _Tev 4y ago
> But for countries struggling to keep parity with the Euro today being in the Euro would have immediate advantage (... Czechia)
ČNB actually intentionally weakened CZK in 2013 and for several years after. And in the long term CZK appreciates against EUR rather than the opposite.
"struggling to keep parity" is just not true.