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Slovak crown hits record high against US Dollar

The Slovak crown broke the Sk33.50-per-euro threshold for a while on October 10, and for most of the day's trading it was slightly above the threshold, OTP Banka Slovensko dealer Eduard Pracko said. But the Slovak currency hit a new historic strongest level against the US dollar, at 23.64 SKK/USD.

The crown began its morning against its reference currency, the euro, at 33.510/33.555 SKK/EUR. During the turbulent trading that followed, it firmed to Sk33.49 per Euro. However, this was followed by a fall to weaker levels, which stopped at Sk33.64 per Euro. Before the end of trading, the crown moved at 33.555/33.575 SKK/EUR.

Against the US dollar, the Slovak crown firmed from morning levels of 23.770/23.800 SKK/USD to Sk23.64. Towards the end of trading, the crown stood at 23.690/23.700 SKK/USD, and against the Czech currency at 1.220/1.221 SKK/CZK.

-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.

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