Slovak crown rises to 10-wk high, seen stronger

...slight gains in 
the short run due to a positive regional mood. 
    The crown traded at 33.310 per euro  as of 1505 
GMT, after reaching 33.265, its strongest level since Aug. 12, 
seen earlier in the session. It stood at 33.500 late on Tuesday. 
    "The situation on emerging markets has calmed down and 
nervousness about (Slovakia's chances of) not adopting the euro 
eased," said VUB Bank dealer Laco Benedek. "I wouldn't be 
surprised if the crown approaches the 33.0 per euro level." 
    The crown has gained 0.9 percent against the euro this week 
as the finance ministry reassured the market that the country 
will meet the euro adoption test for public finances despite  
Eurostat's demands for more items to be included in the deficit. 
    The unit did not react to the revision of gross domestic 
product data to show 2006 growth upped to a record 8.8 percent 
from 8.3 percent, dealers said. 
----------------MARKET SNAPSHOT 1505 GMT ---------------------- 
crown/euro    33.310 vs 33.500 on Tuesday (+0.57 pct) 
crown/dollar     23.380 bid vs 23.448 (+0.29) 
5-yr govt bond due March 2012  at 4.658/4.358 pct 
10-yr govt bond due April 2017  at 4.650/4.449 pct 
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[BRATISLAVA/Reuters/Finance.cz]