Slovak crown steady early, seen touch stronger

25.01.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

    The Slovak crown was little 
changed to the euro on Thursday, and dealers said they expected 
the currency to rebound in the near term after capital outflow 
in the past week pushed central European markets down. 
    The Slovak unit traded at 34.950 to the euro  as of 
0830 GMT, from 35.025 per euro late on Wednesday. 
    "The crown will continue following regional sentiment," said 
Slovenska Sporitelna dealer Vladimir Gajdos. "It seems the 
regional mood has calmed down, and we could return to stronger 
levels, to around 34.800 per euro," Gajdos said. 
    The crown had fallen from record high of 34.050 per euro 
since the start of the year as negative mood on central European 
markets combined with Slovak central bank efforts to cap crown 
rise. 
----------------- MARKET SNAPSHOT AT 0830 GMT ----------------- 
 Crown/euro  34.950 vs 35.025 on Wednesday (+0.21 pct) 
 Crown/dollar   26.881 vs 27.025 (+0.54) 
5-yr govt bond  yield 4.298/4.137 vs 4.302/4.102 pct 
7-yr govt bond  yield 4.313/4.183 vs 4.342/4.092 pct 
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[BRATISLAVA/Reuters/Finance.cz]

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