Czech Republic: No rush to euro
Oct. 22 - The Czech National Bank says there's no rush to adopt the euro as a way of creating currency stability.
Vice Governor Miroslav Singer, speaking at the 2008 Reuters Central European Investment Summit in Vienna on Wednesday, said he doesn't see a need to push for euro membership because the Czech crown continues to be one of the strongest currencies in the region in its 16 year history.
The crown, however, fell to its lowest level since February on Wednesday after sharp gains this year, as traders sold central European currencies heavily.Speaker: Miroslav Singer, Vice Governor, Czech National Bank
Presenter: Ruben Ramirez, Vienna
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