On Friday the behaviour of the Czech currency was in accordance with the
development on Eurodollar markets. The koruna lost against the dollar. It
opened at t 26,460, but lost due to data from American labour market and
closed at 26,810.
This morning the rate USD/CZK began at 26,760 and should
move in the range of 26.50 and 27.10. The koruna strengthened against the
euro on Friday. It started at 31.360, remained between 31.290 and 31.400
during the day and closed at 31.345. It opened at 31.320 and should move
between 31.00 and 31.45 today.
Zdenek Safka, Investment Research, CSOB