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Central bank tackles crown

THE NATIONAL bank of Slovakia (NBS) is prepared to tackle the strong crown, NBS governor Marián Jusko said December 15, shortly after the currency went to Sk38.69 against the euro. After the verbal intervention, the crown jumped to Sk38.74.

According to Tatra banka dealer Boris Somorovský, the crown’s upward trend is likely to continue despite NBS interventions.

He expects that in the coming days the crown will be traded for between Sk38.6 and Sk38.8 against the euro, the daily SME 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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