Crown takes one day to beat historical high

During trading on May 15 the Slovak crown set another record against the euro, Sk31.63/EUR, nudging past its historical high, 31.633 SKK/EUR, set just the day before, OTP Banka Slovensko dealer Eduard Pracko told the TASR newswire.

During trading on May 15 the Slovak crown set another record against the euro, Sk31.63/EUR, nudging past its historical high, 31.633 SKK/EUR, set just the day before, OTP Banka Slovensko dealer Eduard Pracko told the TASR newswire.

The Slovak currency began the trading day at 31.660/31.690 SKK/EUR, said Pracko. Positive statistics on the growth of the economy, employment, and inflation released in the morning by the Slovak Statistics Office seemed to have no effect. In fact, the currency mostly weakened, reaching Sk31.72/EUR at one point, the newswire wrote.

However, after Prime Minister Robert Fico once again emphasised the will for a strong conversion rate against the euro, the crown shortly after noon pushed to its new historical high. It floated at levels slightly weaker than that for the rest of the afternoon and finished at 31.645/31.655 SKK/EUR.

Against the US dollar, the Slovak currency closed trading at 20.480/20.500 SKK/USD, and against the Czech currency at 1.263/1.264 SKK/CZK. Indications supporting a stronger conversion rate against the euro, which will be officially set on July 8, have been moving the Slovak currency for more than week to new record-breaking levels, said the dealer.

According to Pracko, the koruna might firm to Sk31.50/EUR in the days ahead, or possibly even as high as Sk31/EUR. TASR

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

Top stories

Checks at the borders

Court objects to advantages for the partly vaccinated, but no practical changes at borders yet

Constitutional Court suspended currently valid rules for crossing borders for people with just a first shot. Changes will be adopted once the ruling is effective.


4 h
Queen Elizabeth II, President Ivan Gašparovič and some participants from the British Council project Dreams and Teams, October 2008.

From a shot director to meeting the Queen: The British Council celebrates 75 years in Slovakia

The organisation’s mission had not changed over the decades, says current head.


27. júl

War among the police? Big corruption cases complicate relations between institutions

The police inspectorate has accused important witnesses in major corruption cases in Slovakia.


27. júl

News digest: Slovakia dramatically lags behind EU average in Covid vaccinations

Vaccine hesitancy up compared to May. Sputnik finally lands in Matovič's arm. Still no Olympic medals for Slovakia.


22 h