On Friday the Czech currency opened at 32,060 against the euro. It went on
strengthening to 31.980 in the morning; statistical data released in the
morning had no impact on the development. The exchange pair USD/CZK started
at 28.190 and stayed at about 28.200 during the whole morning. Bud the
koruna started depreciating in the afternoon and closed at 28,320 against
the dollar and at 32,110 against the euro.
Today the rate EUR/CZK opened at
32,120 and should move in a range of 31,990 and 32,200. The rate USD/CZK
opened at 28,480 today and the koruna should be traded between 28,200 and
28,600. No important statistical data should be released today.
Zdenek Safka, Investment Research, CSOB