started at 31,480 and finished at 31,450. But trading activities were weak
with low volumes. Today the exchange rare EUR/CZK opened at 31,450 and
should remain within the range of 31.30 and 31.60. Against the dollar the
koruna weakened from morning's rate 26.840 to 26.870 when it closed on
Wednesday. The movement was influenced by the development at Eurodollar
markets because of lack of Czech events. This morning the rate USD/CZK began
at 27.000 and should move in the range of 26,80 and 27,30.
Zdenek Safka, Investment Research, CSOB