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Trade deficit heading for new record

The trade deficit in October was Sk13 billion, the highest this year, sending the 2002 figure to Sk74 billion so far and dashing hopes of a radical improvement from last year’s all-time record Sk103 billion.

The Slovak currency, which has been surging in recent weeks, slumped 35 basis points against the euro on the news.

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

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