On Friday the Czech currency began at 32.080 against the euro and at 27.380 against the dollar. Against the American currency the koruna strengthened to 27.090, lost part of its gains and closed at 27.140. On the contrary to other central European currencies it appreciated against the euro to 32.070. The rate USD/CZK opened at 27.240 against the dollar and should stay in a range of 27.00 and 27.40. The currency pair EUR/CZK began at 32.060 this morning and should move between 31.90 and 32.30. Today we do not expect any significant even which may influence the rates.
CSOB, Investment Research