Slovak crown steady, mkt awaits new impulse

02.10.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

    BRATISLAVA, Oct 2 (Reuters) - The Slovak crown <EURSKK=> was 
little changed against the euro on Monday with dealers saying it 
would follow regional sentiment due lack of domestic news. 
    The crown traded at 37.385 to the euro as of 0825 GMT, 
compared with 37.375 late on Friday. 
    "The crown will follow developments on regional and global 
markets. It should oscillate between 37.300-37.500 per euro," 
CSOB Bank wrote in a market note. 
    The crown floated in a narrow range of 37.350-37.500 in the 
past week, showing little reaction to a central bank decision to 
lift interest rates by 25 basis points last week. 
    Markets are warily eyeing neighbouring Poland and Hungary, 
where political turmoil is dominating sentiment. 
----------------MARKET SNAPSHOT AT 0825 GMT------------------- 
Crown/Euro <EURSKK=> 37.385 vs 37.375 (-0.03 pct) on Friday 
Crown/Dollar <SKK=>  29.490 vs 29.463 (-0.09) 
5-yr govt bond <SK5YT=RR> yield 4.709/4.408 
9-yr govt bond <SK9YT=RR> yield 4.577/4.378 
-------------------------------------------------------------- 
 ((Reporting by Martin Santa, editing by Mike Peacock; 
martin.santa@reuters.com; Reuters Messaging: 
martin.santa.reuters.com@reuters.net; +421-2 5341 8402)) 
  Keywords: MARKETS SLOVAKIA CROWN OPEN 
    

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