29. June 2006 at 14:26

New cabinet shakes crown

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THE SLOVAK crown dipped on currency markets immediately upon news of the new Smer-SNS-HZDS coalition yesterday, weakening by 0.15 Sk to 38.3 SKK/EUR.

UniBanka dealer Patrik Malec told the SME daily he expects the crown to continue to fall, and the central bank to intervene.

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Compiled by Martina Jurinová from press reports

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