Friday’s trading with the Czech koruna had
several stages. At the beginning, the koruna
looked again behind the 31.50 level per
euro. Later on EUR/CZK remained in a tight
range at around 31.45. At the very end of
Friday’s Czech trading the koruna strengthened to 31.38.
However, the offshore trading in London and
in the US reversed all previous gains and
the koruna dramatically weakened to 31.620 against the euro. Stronger dolar at all fronts
and slightly weaker zloty probably backed up
this development. Today, we see slight
strengthening of the koruna.
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