Market Eyes Euro Conversion Rate

July 2007
Emerging Europe Monitor: Central Europe & Baltic States;Jul2007, Vol. 14 Issue 7, p8
Country Report
Country Report
The article presents an economic outlook for Slovakia in 2007. The National Bank of Slovakia held its key policy rate at 4.25 percent on May 29, after two consecutive rate cuts in March and April. It states that with the convergence in monetary policy, stability in the exchange rate also remains a key factor influencing rate decisions. It is inferred that the Slovak economy is likely to be buoyed by fast-paced economic growth forecast to hit 7.8 percent.


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