Czech koruna falls to quarterly low

Czech koruna falls to quarterly low

Published at: 2018-10-12 10:35 | Author: CIJEurope.com
The Polish and Hungarian currencies strengthened slightly yesterday, but the Czech koruna fell to its lowest point (25.85 per euro) since July. It corrected slightly to 25.85 per euro by the end of the day. But Jan Vejmelek wrote on kurzy.cz that overall trading on the primary exchange markets was slow, with nothing on the economic calendar of any significance to bring new economic data until next week. He claims that central European markets are being slowed by the same issues as the rest of Europe, including the growing fear of trade wars, negotiations on Italy's state budget for next year and Brexit.

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