Spectator on facebook

Spectator on facebook

Slovak Crown sets new record against dollar

On April 16, the Slovak crown firmed against the US dollar to a new record of 24.58 SKK / 24.59 USD.

OTP Banka Slovensko dealer Juraj Mitošinka said that the crown has been strengthening against the dollar for some time now, with the exchange rate reaching a two-year record last week.

However, this wasn't caused by the Slovak currency's development, but rather by the continuing weakening of the US dollar against the euro. Neither was the crown influenced by the published data on harmonized inflation in Slovakia today, as the numbers were no surprise for the market, OTP Banka Slovensko dealer Eduard Pračko has said.

Towards the end of trading Monday, the crown was oscillating at 33.35 SKK /33.37 EUR. Against the US dollar, the crown stood at 24.62 SKK / 24.63 USD.

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

Top stories

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo

Ryanair cancels some flights from and to Bratislava

The Irish low-cost airline publishes full list of cancellations

Irish budget airline Ryanair is believed to be cancelling up to 50 flights every day over the next six weeks because it "messed up" its pilots' holiday schedules.