The koruna started the session with a light correction, but reversed afternoon as the region started to grow, supported by further dollar fall. ECB kept the rates unchanged today, as expected. But, ECB president Trichet indicated another rate hike. He said that ECB will exercise strong vigilance in order to ensure that risks to price stability do not materialise.
Result of today´s ECB is weaker dollar dollar at 1,2690 USD/EUR and at 22,32 CZK/USD. The koruna against the euro closed a bit weaker at 28,31 CZK/EUR despite it´s growth in the second part of today´s session.