Slovak crown hits 8-wk lows on global nervousness

...currencies 
could push the local unit further down. 
    The crown eased as far as 33.950 per euro  on 
Tuesday, its weakest level since June 27. It was at 33.910 
against the euro at 1500 GMT in volatile activity. 
    "Emerging markets nervousness is pushing currencies 
(weaker)," said Tatra Bank dealer Boris Somorovsky. "There is a 
risk the crown could eventually weaken to 34.200 per euro." 
    Investors are cutting exposure to riskier assets amid global 
liquidity crunch initially sparked by the U.S. subprime mortgage 
market crisis. 
    Analysts said the crown, which has lost 1.5 percent since 
the beginning of August, should rise again due to Slovakia's 
strong economic fundamentals once global markets calm down. 
---------------- MARKET SNAPSHOT AT 1500 GMT-------------------- 
Crown/euro at 33.920 vs 33.635 on Monday (-0.84 pct) 
Crown/dollar  at 25.130 vs 25.990 (-0.56 pct) 
 5Y bond yld due March/2012  at 4.550/4.250 
10Y bond yld due April/2017  at 4.650/4.450 
---------------------------------------------------------------- 
 

[BRATISLAVA/Reuters/Finance.cz]