NBS reports loss of Sk1.3 billion

Slovakia's central bank (NBS) on December 12 reported a loss of Sk1.3 billion (€39.2 million) to November 30, 2007.

Slovakia's central bank (NBS) on December 12 reported a loss of Sk1.3 billion (€39.2 million) to November 30, 2007.

"The above figure doesn't account for changes in the valuations of financial assets, property and obligations in foreign currency that affect the NBS's own capital throughout the year. Depreciations in financial assets, property and obligations in foreign currency as of December 31, 2007 will affect the NBS's economic results," said Jana Kováčová of the NBS communications division.

Depreciations to November 30, 2007, lowered the NBS's own capital by Sk22.4 billion. The NBS' losses are largely connected with the value of the Slovak crown – a strengthening crown representing losses and vice-versa. TASR

Compiled by Zuzana Vilikovská from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

The big testing: When and where to show up, and what if I don't want to? (FAQ)

Here is what we know about the practicalities of the nationwide testing so far. Testing also applies to foreigners and diplomats in Slovakia.

Pilot testing in Bardejov

The big test is upon us. What are we to do?

For a foreigner living in Slovakia, there is yet another concern.

Testing is impossible to carry out as planned, president says

President Zuzana Čaputová asked the government to reconsider measures for people who do not get tested, many will not get a chance.

President Zuzana Čaputová met with the representatives of the armed forces.