Crown at all-time high against the Euro

22-11-2001

The Czech crown broke its record high rate against the Euro several times this week - on Thursday the crown stood at 33.215 against the Euro. Analysts expect that the crown will remain steady and say it is unlikely to break through the 33.00 crowns to the Euro mark this year, due to fears that the Czech National Bank will take corrective measures. Czech exporters are complaining that the strong crown is making their lives difficult.