Tag: koruna

esk koruna pome dampen rising food prices
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esk koruna pome dampen rising food prices

At the end of the year, agricultural commodity prices reached their highest level since the last food crisis three years ago. Basic agricultural raw materials such as wheat, corn, sugar or kva increased by a percentage point last year. The record holder in this direction is sugar, which has risen by more than half. Rising prices on commodity exchanges are a precursor to expensive food, which is a particularly unpleasant first at a time of stagnant income.The food crisis is not threateningThe current situation has been more closely linked to the food crisis of 2007 and 2008, when some agricultural commodities rose by more than 100% and became more accessible to poor countries, especially in Southeast Asia. The United Nations Foo...
The koruna weakened to one-half lows due to the Czech Republic.  The dollar is over 20K
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The koruna weakened to one-half lows due to the Czech Republic. The dollar is over 20K

The koruna weakened to tymsn lows. It broke the twenty-crown mark against the dollar and fell to 20.02. Against the euro, it lost 19 halls to 25.61 K per euro. It follows from the information on the Patria.cz server. The koruna weakens due to the investor’s fear of further development in Greece. It is especially difficult to divert the country from the disputed measures. The koruna’s exchange rate above 20 K per dollar reached a short time after ten o’clock in the afternoon. Subsequently, he broke this border in mid-January.Exchange rate list1 EUR 25.51 K1 GBP 31,88 K1 HRK 3,38 K1 USD 19,86 Kthe whole course “Negative sentiment in the financial markets. There has been a sweat, which has been confirmed that Greec...
Foreign trade was a record last year.  Cheap oil and a weak koruna helped
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Foreign trade was a record last year. Cheap oil and a weak koruna helped

The Czech Republic’s foreign trade surplus reached a new all-time high last year thanks to exports and cheap oil. In the so-called national concept, the surplus of the balance increased to 157.1 billion crowns, which is a mezzanine of 50.5 billion crowns incl. Compared to the previous year, imports of domestic companies increased by 12.7 percent and imports by 11.4 percent. In December alone, the trade balance ended with a deficit of three billion crowns, which was 7.2 billion better in the interim. He announced it in ptek esk statistick ad.Foreign orders, a weak koruna and cheap oil are the main reasons for such a great result, said Raiffeisenbank chief economist Helena Horsk. According to her, the sanctions against Russia are more clearly reflected in ...
Reim’s weak koruna may not end in 2016, admitted Hampl from the NB
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Reim’s weak koruna may not end in 2016, admitted Hampl from the NB

The vice-governor of the Czech National Bank, Mojmr Hampl, admitted that the regime of a weak koruna caused by interventions could last, according to them. The bank was considering exiting in the second half of 2016. In recent days, the central bank has been intervening in the intervention of Miloe Zeman, also given that the euro was close to 27 crowns. After past experience, it is important to think about whether we should keep the exchange rate a bit by something, not to worry about the exact time exit, Hampl told Bloomberg. A similar determination to arm the intervention regime was published in a blog on his blog only by Vladimir Tomk. He wrote that the strengthening of the koruna against the euro to the level of 27 crowns wa...