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Crown hits all-time high at 32.90 SKK/EUR after parity revaluation

Following the official revaluation of the central parity of the Slovak crown in the ERM II exchange rate mechanism, the Slovak crown firmed by as much as 1 SKK against the euro compared to its close on March 16. UniBanka dealer Patrik Malec told SITA that transactions were carried out at the level of 32.90 SKK/EUR on March 18, which is a new high. The market exchange rate was at 33.90 SKK/EUR at the end of the trading on March 16, while it was at 32.93-32.98 SKK/EUR at about 09:00 on March 19.

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

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