Czech crown hits new highs against euro, US dollar

The Czech crown reached record highs on Friday of 25.04 to the euro and 16.86 to the dollar. The Czech currency was pulled higher against the dollar by strength of the euro, Tomáš Vlk of Patria Finance told the AFP news agency. No special domestic factors played a role, he also said. The Czech crown is now the fasting appreciating international currency this year, surpassing the Israeli shekel and Chilean peso, say Czech economists.