Czech koruna gains the most of all currencies

Published: 05.10.2017 Related countries:  Israel Israel

Strong rate of local currency could climb even higher.

Czech koruna has appreciated more than 4% year-to-date, the most of all currencies in the world. The breaking of the CZK 25.9/EUR limit was driven by the development in the region, with Polish zloty and Hungarian forint appreciating against the euro as well. Koruna could maintain its leaderships in the rest of the year, as analysts foresee further growth. The rate could climb to CZK 25.50/EUR.