Slovakia

The National Bank of Slovakia (NBS)'s 50bps cut in the two-week repo rate to 4.00% confirmed our view that the central bank is determined to prevent the rapid appreciation of the... 2004-11-29

Our decision to stick with CEE currencies has certainly borne fruit. The Polish zloty has been the best performing currency this month, rising by nearly 3% to briefly break through... 2004-11-24

Slovakia's CPI rose 6.6% y-o-y in October, down from 6.7% the previous month and 9.6% in October last year. The main drivers were an 8.2% y-o-y rise in transportation prices and a... 2004-11-09

Despite the recent moves in EUR/US$, CEE currencies have held up remarkably well. Across the region, the fundamental story remains strong. Economic expansion is outpacing the sluggish... 2004-11-02

The koruna has been in a consolidation phase for over three months now, and does not yet seem likely to break-out from its range-bound trading. SKK40.00/EUR remains the key level,... 2004-10-28

Ratings agency Fitch has upgraded Slovakia's long term foreign currency rating to A- with a stable outlook, from BBB+ with a positive outlook. The agency also upwardly revised the... 2004-09-22

Three Slovak opposition parties have decided to pool their efforts to remove government ministers by parliamentary censure. The Movement for a Democratic Slovakia (HZDS), the Slovak... 2004-09-07

The koruna is now trading on the weak side of SKK40.00/EUR, in line with the National Bank of Slovakia (NBS)'s wishes. As we suggested two weeks ago, the retreat from month highs... 2004-08-24

It's not just the US Fed that is in a fix. The National Bank of Slovakia (NBS) has eased itself into a corner of late. In an effort to keep the koruna close to its preferred SKK40.00/EUR... 2004-08-11

The National Bank of Slovakia (NBS) left interest rates on hold at 5.00% last week. Central bank Governor Marian Jusko indicated that the monetary authority was happy with the koruna's... 2004-05-27