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Downward trend of Forex reserves at commercial banks stabilizes

In mid-March, the hard currency holdings of commercial banks finally stabilised after several weeks of decline, increasing by $163 million in one week to hit $1.6726 billion on March 17.

Commercial banks' Forex reserves had been falling for weeks after a decision by the NBS Bank Board to abolish the foreign exchange position limit for domestic banks and branches of foreign banks. In order to meet the required ratio between assets and Forex reserves, banks had been artificially inflating their total assets and liabilities. By canceling the measure, the NBS had been trying to return banks' Forex reserves to their natural levels.

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Messerschmidt created most of his character heads in Pressburg

Bratislava will name a square after the prominent artist

A replica of one head from the series Character Heads by F. X. Messerschmidt; ownership of the Slovak National Gallery

Christmas Bazaar returns to the Old Market hall

One of the events which presents diplomatic communities residing in Slovakia to the wider public is the already traditional Christmas Bazaar, which focuses on gastronomy and charity.

Christmas Bazaar 2016

Blog: The wanderer returns home

The places you visit, people you befriend, experiences that leave their mark, they all become a part of you.

Go east for real morality, Jean-Marc Barr says Photo

The French American actor/director, who plays in a Slovak co-production film, said during a recent visit to Bratislava that eastern Europe, and other eastern countries still have what America has already and what…

Jean-Marc Barr during IFF Bratislava 2017