Even events on eurodollarmarkets did not change its lethargy. We do not see any impetus, which maypush the Czech currency to any direction. For today we stay in a range of
32.300 to 32.500, the rate EUR/USD opened at 32,405 this morning. The rate
USD/CZK began at 25.735 and should stay between 25.40 and 25.90 today.
CSOB, Investment Research