Spectator on facebook

Spectator on facebook

Crown has room to grow

THERE is room for the Slovak crown to strengthen, National Bank of Slovakia Governor Ivan Šramko told the news wire SITA.

The exchange rate of the Slovak crown and other regional currencies is still affected by impressions and predictions rather than real macroeconomic development, he said.

The depreciation trend on the Slovak FOREX market, which started in mid-March as a consequence of the mutual correlation of Visegrad Group countries' currencies, continued in April, according to Šramko.

"The NBS intervened against depreciation that was too steep, which is in line with limiting the volatility of the local currency in both directions," he said.

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

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Jaguar will need people from abroad for its Slovakia's plant

HR director Nicci Cook says that she sees women and the long-term unemployed as an untapped resource of the work force for the JLR plant in Nitra.

Nicci Cook

People marched for LGBTI rights in Bratislava

Take a look at the Bratislava Rainbow Pride 2018 that took place on Saturday, July 14.

Begin afresh

I’m not sure if there is a typical Canadian way to get married.

Slovakia to buy F-16 fighter jets. What is wrong with the ministry's analysis?

The Defence Ministry persuaded the government that the American offer is better than the Swedish, but analysts are not convinced.

F-16 fighter jet.