Koruna To Suffer More?

August 2007
Emerging Europe Monitor: Central Europe & Baltic States;Aug2007, Vol. 14 Issue 8, p7
Country Report
Country Report
The article presents an economic outlook for the Czech Republic. According to the author, the Czech koruna is having a difficult time at the moment. It is currently trading at a one year low. The weakness is due to many factors including the agglomeration of foreign and domestic, economic, political and financial market reasons. The three-month Czech koruna money market rate is beneath the equivalent eurozone rate.


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