The koruna tended to weaken on Monday, there was neither political nor economical news on the market. The trading volumes were rather small due to weak demand from abroad. For today no significant change is expected, the koruna might move within thin range of 31,40-31,60 EUR/CZK. Wednesday's retail sales may bring new impulse to the market. The koruna opened at 31,465 EUR/CZK this morning.
ČSOB - Investment Research