Czech crown reaches a fresh record against Euro

The Czech crown has broken yet another record in trading against the Euro. On Wednesday morning, the Czech currency reached 24.63 crowns to the Euro and 15,96 crowns against the dollar. However, analysts were uncertain as to what exactly had caused the currency to rally so strongly, especially in light of the fact that surrounding countries tended towards a slight weakening of their currencies. In recent months, the crown has consistently broken records against the Euro, although most analysts expect that it will stabilize by the end of the year.