The exchange
rate EUR/CZK opened at 31,66. The koruna depreciated up to 31.75 after the
February's trade deficit was worse than expected. However, the koruna
strengthened soon, but it did not succeed to wipe out previous losses. The
rate EUR/CZK closed at 31.69.
Today the EUR/CZK opened at 31.705 and should
move in the range of 31.60 and 31.80. Yesterday the koruna appreciated
slightly against the dollar. The rate USD/CZK opened at 28.920 and finished
at 28.910. It started at 28.770 today and should stay between 28.65 and
29.00.
Zdenek Safka, Investment Research, CSOB