Against the euro it reached
its maximum 31.950 at about 11 a.m. It had two reasons, scepticism to all
central European currencies, PLN and HUF lost as well, and worries about the
Czech government after the Social democratic party congress. The exchange
pair EUR/CZK opened at 31.880 and closed at 31.920.
Today it opened at
31.910 and should stay in a range of 31.75 and 31.99. Against the dollar the
Czech koruna moved between 29.570 and 29.810 on Friday. Today it opened at
29.420 and should move in the range of 29.20 and 29.70.
Zdenek Safka, Investment Research, CSOB