The Czech currency weakened against the common currency yesterday. The
trading was quiet, the koruna moved in a narrow range the whole day. The
rate EUR/CZK opened at 31.800 and finished at 31.825. This morning it opened
at 31.810 and should move between 31.70 and 31.90.
CNB today's meeting
should have little impact on our currency; no rate change decision is
expected. The koruna started at 29.885 and closed at 29.810 against the
dollar yesterday. It opened at 29.700 in the morning and should stay in a
range of 29.50 and 30.00 USD/CZK.
Zdenek Safka, Investment Research, CSOB