Koruna Weakness By End-09

June 2009
Emerging Europe Monitor: Central Europe & Baltic States;Jun2009, Vol. 16 Issue 6, p6
Country Report
The article discusses an economic outlook for Czech Republic for 2009. It is predicted that the Czech koruna could strengthen further if market sentiment continues to improve. On the other hand, the koruna is expected to be affected by falling external demand and capital inflows. By the end of 2009, it is forecasted that a dollar will be worth 30 korunas.


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