Czech Koruna Jumps To 2-day High Against Greenback
September 03 2009 - 4:06AM
RTTF2
The Czech koruna that slumped to a 2-week low of 18.155 against
the US dollar on Wednesday morning staged a rebound thereafter. At
7:50 am ET Thursday, the koruna climbed to a 2-day high of 17.835
against the greenback and this may be compared to yesterday's close
of 18.037. The dollar-koruna pair is presently worth 17.93 with
17.68 seen as the next target level.
In economic news, the Czech Statistical Office said the average
gross monthly nominal wages in the whole economy rose 2.8%
year-on-year in the second quarter. In real terms, the wages were
up 1.4%.
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