BRATISLAVA, June 22 (Reuters) - The Slovak crown firmed
against the euro on Friday, nearing five-week highs seen earlier
this week, as investors...
...await the central bank's (NBS) decision
on interest rates next week, dealers said.
The crown was at 33.660 per euro as of 1350 GMT,
compared with a five-week peak of 33.600 per euro hit on
Wednesday. It closed at 33.815 on Thursday.
"Trading was influenced by speculation that the National
Bank of Hungary could abolish the trading band for the forint,
which triggered firming of the forint, the Polish zloty and the
crown," said Tatra Banka dealer Milan Cavojec.
The NBS will hold its rate-setting meeting on Tuesday, but
traders expect no market reaction as the bank is widely expected
to hold its key rate at 4.25 percent for the second month in a
row.
----------------MARKET SNAPSHOT AT 1350 GMT-------------------
Crown/Euro 33.660 vs 33.815 on Thursday (+0.38 pct)
Crown/Dollar 25.029 vs 25.217 (+0.75 pct)
5-yr govt bond yield 4.683/4.505 vs 4.513/4.213 pct
7-yr govt bond yield 4.700/4.601 vs 4.750/4.550 pct
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