On Friday the Czech currency opened at 32.030 against the euro and at 27.680 against the dollar. Later on, the koruna began strengthening due to purchase orders from Czech financial institutions and closed at 31.850, event. At 27.390. This morning it started at 31.830 per euro and at 27.330 per dollar. The rate EUR/CZK should stay between 31,70 and 32,00 and between 27.10 and 27.50 against the dollar today. We do not see any important even on the domestic scene, the rates should follow development on the euro-dollar markets.
CSOB, Investment Research