NBS intervenes to stop crown rise

The central bank intervened on the foreign exchange market, spending an estimated 300 million euro to weaken the Slovak crown by about 1 per cent to 41.6 against the euro. A senior bank official said the move had been triggered by an “alarming” trade deficit, and that the bank might cut interest rates if monetary interventions did not bring the desired result.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

News digest: Slovakia spent €40 million in the past three months to treat Covid patients

Slovakia supports Poland and the Baltic states in their efforts to protect their border with Belarus. The European Commission has launched legal action against five countries, including Slovakia.


13 h
Illustrative stock photo

Mandatory vaccination in compliance with the Constitution. Even Fico extended it in the past (Q&A)

The Sme daily prepares answers to questions on mandatory vaccination in Slovakia.


1. dec
Some schools in Slovakia have been closed.

Schools in Bratislava will switch to remote learning

Only kindergartens and grades one through four will remain open.


1. dec
Skryť Close ad