Spectator on facebook

Spectator on facebook

NBS's loss reaches Sk1.1 billion

The Slovak central bank (NBS) posted a loss of Sk1.1 billion (€33.4 million) as of the end of September, reads a current balance account and report on NBS financial management that was approved by the NBS Bank Board, NBS spokesperson Jana Kováčová said on November 13.

Differences from appreciation of financial property and properties and obligations in foreign currencies, which influence the NBS's own assets during the course of year, are not included in the above stated economic result.

The losses from appreciation to the end of September reduced the NBS's own assets by Sk12.9 billion. Much of NBS's financial situation is determined by the strength of the Slovak crown, with a strong meaning losses. 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.

Top stories

Unknown places worth visiting in Slovakia Photo

The year 2016 brought record numbers for tourism in Slovakia.

Špania Dolina, the runner-up in the Village of the Year competition.

This is not a game, and these are not children

If politicians care about the future of the country, they need to offer young protesters with specific demands more than the just same old vague assurances.

Nu Dance festival changes date and the finale coincides with International Dance Day

The festival of contemporary dance has not just moved in time but also from the stage to the streets, encouraging public participation.

Renan Martins: Let Me Die in My Footsteps

(W)Rapping up two worlds in one music

The Fjúžn festival annually presents interesting musical projects from people who cross borders, literally or symbolically. This year, the headliner of the main festival concert on April 22 will be the French-Iraqi…

The Iraqi-French band Aiwa