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

Ján Kuciak and Martina Kušnírová were murdered one year ago (timeline)

These are the notable moments of the first year since the murder.

Paying tribute to Ján Kuciak and Martina Kušnírová.

The murder of journalist changed Slovakia, but not all of it

There are still people who continue as if it’s business as usual.

Illustrative stock photo

Journalists one year after the murder: We will not forget

More than 420 journalists have signed the statement issued exactly one year after the murder of Ján Kuciak and Martina Kušnírová.

What are the best employee benefits? Ask your employees

Salaries and a good company atmosphere, not benefits, keep people loyal.

Parking as a benefit it popular among employees.