20. March 2007 at 10:58

Crown hits all-time high at 32.90 SKK/EUR after parity revaluation

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Following the official revaluation of the central parity of the Slovak crown in the ERM II exchange rate mechanism, the Slovak crown firmed by as much as 1 SKK against the euro compared to its close on March 16. UniBanka dealer Patrik Malec told SITA that transactions were carried out at the level of 32.90 SKK/EUR on March 18, which is a new high. The market exchange rate was at 33.90 SKK/EUR at the end of the trading on March 16, while it was at 32.93-32.98 SKK/EUR at about 09:00 on March 19.

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

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