Czech Republic Crown reaches 2009 high

Czech Point 101 July 22, 2014 @ 2:48PM

The Czech crown yesterday reached its highest point against the euro since early December 2008, firming to CZK 25.54. The US dollar fell below CZK 18. Economists say there is no obvious reason for the currency’s gains but said possible explanation is rising share prices. [ Prague Daily Monitor ]

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