Spectator on facebook

Spectator on facebook

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

We want a decent Slovakia, people chanted in squares

On the eve of the Velvet Revolution anniversary, people protested in the thousands, calling for a decent Slovakia.

Bratislava protest November 16, 2018

What we didn't know about our freedom

In 1989, we thought that once the job was done, we would only go out to the squares for Sunday walks.

November 1989 in Bratislava

The courage to fight for democracy

Authoritarian societies squander the possibilities of human achievement, of lives lived to their fullest, writes the US ambassador to Slovakia.

Illustrative stock photo

While France has Beaujolais Nouveau, Slovakia has St Catherine's wines

This warm summer with an early harvest was a blessing for young wine.

St Catherine's wines