Yesterday the Czech currency opened at 32.080 against the Euro and at 29.420
against the dollar. The pair EUR/CZK stayed at 32.08 at the beginning, i.e.
at a 2-week's minimum. Before 10:30 it returned to 32.03. At the same time
the koruna stood at 29.37 against the dollar. The trading was without much
investor's interest. The rate EUR/CZK remained in the range of 32.080 and
31.920 for the whole day and closed at 32.010.
Today it opened at 32.025 and
should move in the range of 31.95 and 32.25. The koruna finished at 29.360
against USD yesterday. The exchange rate USD/CZK started at 29.510 and
should move between 29.30 and 29.65.
Zdenek Safka, Investment Research, CSOB