Czech crown sparkles


The euro failed to break through parity again last week, but market sentiment towards the Czech crown has held up strongly, says Lena Komileva (right), EMEA economist at Prebon Yamane in London

The Czech crown has been immune to political and economic jitters in the region, mainly on account of large foreign investment flows into domestic assets, boosted by privatisation. The economic fundamentals also remain strong. Last week’s June CPI (consumer price index) release on Tuesday (July 9) and