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ECONOMIC BRIEFS

Forex reserves fall to $7.0442 billion

Slovakia's total foreign exchange reserves dropped by $9.6 million to $7.0442 billion between November 11 and November 18, reported the central bank on November 20. The decline was due mostly to a $50.3 million fall in the exchange reserves of commercial banks to $4.0924 billion.

Slovakia's total foreign exchange reserves reached a record high of $8.0078 billion on September 16, 1998. The growth was attributed to the pre-election expectations of banks and their clients, who kept payments from foreign countries on their foreign exchange accounts or converted Slovak crowns into foreign currencies.

Top stories

Slovak AeroMobil starts taking pre-orders for its flying car Photo

The company is losing a key figure – inventor Štefan Klein.

Prince Albert II of Monaco (r) and Juraj Vaculík, CEO and co-founder of AeroMobil, unveiled the latest prototype of a flying car in Monaco on April 20.

Legitimising fake news

One of Slovakia’s media schools has invited a well-known conspiracy theorist to an academic conference. What does this say about the state of the Slovak media?

Tibor Rostas

Suicide game does not exist and visa-free regime for Ukrainians is not a lie

The Slovak Spectator brings you a selection of hoaxes from the past two weeks.

There is no computer game that makes people commit suicides.