In the coming months, the Czech currency should weaken from its current values, which are the strongest against the euro since the crisis year of 2008. It could thus weaken by several tens of pennies from Friday’s 23.90 CZK per euro. This follows from analysts’ estimates. According to them, the strengthening of the koruna in … Read more
The share of the euro in international payments decreased for the second year in a row, while the demand for the dollar, on the contrary, noticeably increased. This is shown by data of the international system for interbank information and payments SWIFT, analyzed by RIA Novosti. Thus, according to the results as of December 2022, … Read more
The koruna breaks through the threshold of 23.90 per euro, for the first time since November 2008. However, it will weaken by the end of June. “Now is a good time to buy foreign currency,” advises economist Lukáš Kovanda. The Czech currency broke the exchange rate limit of 23.90 crowns per euro on Thursday afternoon. … Read more
We publish aCurrency rates against the Egyptian pound In morning transactions today, Sunday 1-15-2023, in the National Bank of Egypt, where the price of the dollar against the pound recorded 29.50 pounds for purchase, 29.55 pounds for sale, and the Saudi riyal recorded 7.84 pounds for purchase, and 7.86 pounds for sale, while the Kuwaiti … Read more
The majority of participants on Wall Street support the view that the euro’s upward rally is just beginning. With energy prices falling and recession forecasts easing across the region, it seems to be becoming clear that the worst of the economic damage is over and European assets are cheap for investors, according to Bloomberg, quoted … Read more