Trading with the koruna was quiet with low participation of both Czech and foreign investors. There were no significant information on the market, negative political sentiment from Hungary went off. The rate moved within 31,630-31,680 EUR/CZK. No surprising data are released today hence we expect another quiet day for the koruna. Information about bribery in Czech parliament did not bring any pressure to the koruna. For today we expect the rate EUR/CZK to fluctuate within 31,60-31,60, the koruna opened at 31,665 against the euro this morning.
ČSOB - Investment Research