The Czech currency remained in the range 30.630 - 30.700 nearly all day
after opening at 30.660 per euro. Before the end it firmed and closed at
30.600. Trading was calm also vis-a-vis the dollar and the koruna closed at
30.470. We don't expect anything what might change current market mood
neither today nor next days. We anticipate the EUR/CZK to move within 30.550
- 30.750 and the USD/CZK from 30.300 to 30.700. The koruna opened at 30.590
per euro and at 30.470 per dollar in the morning.
open max min cls open 15/11
EUR/CZK 30.660 30,720 30,570 30,600 30,590
USD/CZK 30,480 30,500 30,380 30,470 30,470
Stepanka Kuzilkova, Investment Research, CSOB