When I was leaving Czech Republic, about 6 months ago, you can get a dollar for 21CZK. You need about 16 CZK right now. If I was getting my stipend in Czech Crowns, I would be getting about 25% more dollars. I, of course, am not. Still, it feels like getting a 25% discount.
I still remember that I though that the dollar cannot get any weaker. How wrong I was teaches me that you can't really tell what the markets will do next. Right now, I'm quite certain that the correction has to come.
Wednesday, March 12, 2008
USD/EUR/CZK
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