Analysts: The crown attracted speculators | Newstream

Analysts: The crown attracted speculators |  Newstream

In the coming months, the Czech currency should weaken from its current values, which are the strongest against the euro since the crisis year of 2008. It could thus weaken by several tens of pennies from Friday’s 23.90 CZK per euro. This follows from analysts’ estimates. According to them, the strengthening of the koruna in … Read more

Lukáš Kovanda: Now is the best time to buy foreign exchange

Lukáš Kovanda: Now is the best time to buy foreign exchange

The koruna breaks through the threshold of 23.90 per euro, for the first time since November 2008. However, it will weaken by the end of June. “Now is a good time to buy foreign currency,” advises economist Lukáš Kovanda. The Czech currency broke the exchange rate limit of 23.90 crowns per euro on Thursday afternoon. … Read more