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Czech crown surges to 3 1/2-year high

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The Czech crown surged almost 1.5 per cent to its highest level against the euro since November 2013 on Thursday, after the country's central bank scrapped the cap on the currency it had in place for 3-1/2 years.

London

THE Czech crown surged almost 1.5 per cent to its highest level against the euro since November 2013 on Thursday, after the country's central bank scrapped the cap on the currency it had in place for 3-1/2 years.

Investors had been alert to the possibility that the Czech

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