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ECONOMIC BRIEFS

Slovak crown steady, seen firmer on domestic buying

The Slovak crown is steadily firming on domestic interest, rising to 10.8% below the central parity of the currency's former mark/dollar basket on October 14. Dealers predicted that when domestic clients began to realize that crown interest rates were more interesting than mark rates, they would sell their mark positions and buy crowns, strengthening the currency further. The central bank abolished the plus/minus 7.0 percent band around the mark/dollar basket on October 1 and floated the currency after depreciation pressure came to a head following a general election in late September.

Top stories

Discussion about road project becomes emotional

Analysts want more alternatives for the road from Zvolen to Košice to be assessed

The protest at Soroška

Slovakia commemorates the 1968 invasion. Here’s what it looked like Photo

Anniversary of the Warsaw Pact troop invasion that ended the Prague Spring.

Garth: We need a deal that will benefit both

“When I talk to the Brits living in Slovakia, they are quite relaxed about things,” UK Ambassador to Slovakia Andrew Garth says about the Brexit-related concerns.

UK Ambassador to Slovakia Andrew Garth

“Natural police” to protect nature and animals

Those who commit crimes against the environment should watch out.

Illustrative stock photo