The rate
EUR/CZK opened at 31.540 and finished at 31.510. Today it opened at 31.500
and should move in the range of 31.35 and 31.70.
The koruna may strengthen
today because of industrial production in EMU, which is published at 12:00.
It is expected to be negative. Against the dollar the koruna started at
29.310 yesterday and finished at 29.220. Weak statistical data from the U.S.
helped the Czech currency. Today the rate USD/CZK opened at 29.080 and
should move between 29.00 and 29.45.
Zdenek Safka, Investment Research, CSOB