Koruna To Appreciate Ahead Of Euro Adoption

January 2008
Emerging Europe Monitor: Central Europe & Baltic States;Jan2008, Vol. 15 Issue 1, p8
Country Report
Country Report
The article forecasts the Slovak koruna to appreciate ahead of euro adoption. It is expected that impending eurozone membership will provide a boost to the currency in 2008. The National Bank of Slovakia (NBS) is forecast to hike the two-week reposition rate by 25 basis points. Real GDP growth is set to come in at 8.5% in 2007.


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