• Koruna on record level. Koruna set its new historical maximum when it reached overnight CZK 27.63 for one euro. During yesterday’s trading it strengthened by 20 halers despite absence of catalysts on exchange market.
• Standard & Poor’s confirmed its long-term credit rating of Slovakia “A” and short-term credit rating on “A-1”. Outlook remains stable.
• Consumer prices in Poland remained flat last month. Year-on-year inflation increased to 1.4% from 1.2% in October.
• International Monetary Fund increased its forecast for Germany’s economy growth rate for this year to 2.0% from 2.5% and from 1.3% to 1.5% for next year.
• RWI and Ifo Institutes increased their forecast for Germany’s economy growth rate to 1.9% from 1.7% stated previously.
• Fed boss Ben Bernanke invited China to further loosen chinese currency exchange rate. Also Minister of Finance Henry Paulson called on China to adopt steps to loosen its currency exchange rate in order to contribute to balance settlement between both countries.
• Dow Jones Index reached its historical maximum. At the end of trading it reached 12,416.76 points. Stock exchange was supported by positive results of investment banks Bear Stearns and Lehman Brother.
• On its yesterday’s meeting OPEC decided to leave its production limits unchanged. In the case of prices decline it would lower production by 0.5 million barrels a day.