Prague Stock Exchange experiences worst day ever

The Prague Stock Exchange has experienced one of the worst days in its history. With the value of shares tumbling, Tuesday saw a major sell-off - a record 11 billion crowns worth of shares. Since the beginning of the year, the total value of Czech shares has decreased by over 20 percent.

Analysts say the current situation has nothing to do with prices of firms and economic indicators but rather an expected rise in interest rates in the United States, leading to the transfer of money across the Atlantic.