On Wednesday the Czech currency started at 31.350 against the euro. During
the day it weakened slightly up to 31.390 in accordance with Eurodollar
market development. Today the currency pair EUR/CZK opened at 31.380 and
should move in the range of 31.330 and 31.420. The rate USD/CZK opened at
27.490 and closed at 27.620 on Wednesday. This morning the koruna began at
27.300 and should remain between 27.200 and 27.420. But the volumes are
expected to be weak.
CSOB, Investment Research