Czech crown at lifetime high for 2nd straight day

06.12.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

The Czech crown rose to a lifetime high versus the euro for the second consecutive session on Thursday, taking its gains over a year ago period...

...to 7 percent. 
    The crown firmed as high as 26.110 per euro  by 
0800 GMT, breaching Wednesday's high of 26.160. 
    Robust economic growth of about 6 percent a year, a surplus 
foreign trade balance and this year's four interest rate 
increases by the central bank have all helped the crown gain 
ground after a bout of weakness in the first half of this year. 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Crown Currency       Latest   Prev      Pct change   Pct change 
                               close     on day       in 2007 
 vs Euro     26.110   26.230    +0.44         +5.30 
 vs Dollar      17.910   17.878    -0.18        +16.25 
 
 Equities 
 PX Index       1,778.8  1,756.6    +1.26        +11.95 
 
 Domestic Govt Bonds    Latest   Prev    Yld change   Yld change 
                                 close   on day       in 2007 
  5Y Yield    4.24     4.24    +0 bps       +100 bps 
 10Y Yield   4.46     4.46    +0 bps        +77 bps 
 
 Mid Yield Spreads (in bps)              Spd change   Spd change 
                                         on day       in 2007 
  5Y vs        +38       +0      -2         +102 
 10Y vs       +41      +43      -2          +65 
 --------------------------------------------------------------- 
 All data taken from Reuters at 0759 GMT. 
 Currency percent change and yield change calculated 
 from prior domestic close at 1500 GMT. 
 
 (Reporting by Marek Petrus) 
  
 
 - For previous updates on Czech currency moves click on [CZK/] 
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 --------------------LIVE PRICES & DATA------------------------- 
 Crown Spot Against EUR    Against USD            
 Czech Bonds              C.Europe Bonds     
 Crown FRAs            Central Bank Fixings  
 Contrib. Cross Rates       Czech Central Bank    
 -------------------------------------------------------------- 
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  Keywords: MARKETS CZECH CROWN RECORD  
    

[PRAGUE/Reuters/Finance.cz]

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