Crown hits another record

IN AN ONGOING reaction to the recent decision of the central bank to increase key interest rates, the Slovak crown yesterday posted another record against the euro, its reference currency.

For the first time in history the local currency broke the 37.000 SKK/EUR level and traded at 36.940 SKK/EUR in the afternoon of March 1, the Hospodárske noviny daily reported.

Analysts believe the Slovak currency will continue to gain in the coming months. The crown is increasingly attractive for investors because of the growing difference between the crown and euro interest rates.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How many Slovaks would vote in EP elections?

The turnout was among the lowest in the EU in recent years.

European Parliament, illustrative stock photo

Bratislava will host the first technology festival

Apart from technology novelties, visitors will find the biggest game zone on the Danube embankment.

Six people involved in the surveillance of journalists, Kočner paid thousands

People who followed journalists for Kočner are trying to rid themselves of guilt.

Peter Tóth