On Friday the Czech currency edged lower in thin trade with activity
dampened by Thursday's holiday. This trend was supported by the uncertainty
with fiscal reform plans. It also expected today's inflation and CPI data.
The rate EUR/CZK started at 31.380 and finished at 31.475. It opened at
31.490 today and should move in the range of 31.30 and 31.65. The Czech
koruna lost against the dollar as well. The currency pair USD/CZK began at
27.300 and finished at 27.400 on Friday. It opened at 27.210 today and
should stay between 27.00 and 27.50.
Zdenek Safka, Investment Research, CSOB