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Revaluation of the central rate of the Slovak koruna in the ERM II

29 May 2008

Upon agreement of the finance ministers of the euro area Member States, President of the ECB and finance ministers and central bank governors of Denmark, Estonia, Latvia, Lithuania, and Slovakia, the central rate of the Slovak koruna in the ERM II revalued by 17.6472%, with effect from 29 May 2008. The central rate of the koruna to the euro has been set at 1 euro = 30.1260 Slovak koruna. The standard fluctuation band of ±15% continues to be observed around the central rate of the Slovak koruna.
The lower level of the compulsory intervention rate is 25.6071 SKK/EUR and its upper level is 34.6449 SKK/EUR.

Jana Kováčová
Spokesperson of the NBS

National Bank of Slovakia
Communications Section
Imricha Karvasa 1, 813 25 Bratislava, Slovak Republic
Tel.: +421-2-5787 2161,+421-2-5865 2161, +421-2-5787 2166, +421-2-5865 2166
Internet: http://www.nbs.sk

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