Yesterday the Czech currency passed a quiet holiday's trading and did not
react even to June's inflation and unemployment. In the morning the koruna
opened at 31.600, it moved in the range of 31.550 and 31.640 and closed at
31.620 in the afternoon.
This morning the rate EUR/CZK was at 31.590 and
should stay between 31.45 and 31.70. Against the dollar the koruna copied
the movement on Eurodollar markets yesterday. It started at 27.870, weakened
to 27.980 in the afternoon, but firmed to 27.970 when closed. Today the rate
USD/CZK began at 27.870 and should stay between 27.70 and 28.10.
Zdenek Safka, Investment Research, CSOB