Czech crown trading without major changes this morning

11.12.2009 | , Financninoviny.cz
Zpravodajství ČTK


Prague, Dec 11 (CTK) - The Czech crown traded without major changes against Thursday's values this morning, weakening by 4 hellers to Kc25.79 to the euro while staying flat at Kc17.49 to the US dollar shortly before 10:30, the server Patria Online has said.

The crown did not react very much to the data of the October balance of payments, which ended surprisingly in a surplus of Kc12.4, while the market had expected a Kc10bn deficit.

"As regards external influences, this morning gives central European currencies a chance for moderate gains. European shares are going up, indicating that the market sentiment is still regarding risk assets with favour," Patria Finance analyst Tomas Vlk said.

The crown may, however, be affected by data from overseas that are to be released in the afternoon, Vlk said.

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