During Monday’s trading on the Slovak FOREX market, the Slovak currency responded positively to results of presidential elections on Saturday. The Slovak crown opened under 40.200 SKK/EUR on Monday and closed at 40.100/120 SKK/EUR. According to Ladislav Benedek, a dealer of VUB bank, significant demand for the Slovak currency is persisting; however, he said, some dealers closed their Slovak crown-based positions. Mr. Benedek expects the Slovak crown to move in the band between 40.050 SKK/EUR and 40.250 SKK/EUR during the next few days.
The U.S. dollar was traded against the euro at 1.2030 USD/EUR (middle). Thus, the Slovak crown was quoted at 33.320/350 SKK/USD. The cross rate of the Slovak and Czech crowns stood at 1.2320/2340 SKK/CZK.
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