The koruna depreciated yesterday due to negative sentiment in whole Central Europe after drop of Polish industrial production and government crisis in Hungary. Some foreign investors see Central Europe as a homogeneous unit so they started to sell out the koruna that retreated to two-week minimum 31,70. This trend may continue today and the koruna could be traded within the rate 31,55-31,75. It opened at 31,675 against the euro this morning.
ČSOB - Investment Research