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Crown hits record

THE SLOVAK currency hit a new record on July 2, despite efforts by the central bank to discourage interest in the currency by cutting the key interest rates on July 1 by 0.5 percent.

Slovak crown reached a record 39.75 against the euro and analysts believe that it will strengthen to 39.50 by the end of the summer, the Pravda daily wrote.

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

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