The koruna weakened to 32.70 but returned back to 32.53 against the euro yesterday. The trading was quiet. The koruna did not react on today's trade balance deficit, which followed the expectations. During the day we expect the koruna to fluctuate within 32.45-32.65 against the euro. The rate EUR/CZK opened at 32.55 this morning. The rate USD/CZK might fluctuate within the range 25.40-25.90, it opened at 25.65 USD/CZK this morning.
CSOB Investment Research