Thursday, May 3, 2007

Slovakia's Koruna Gains Versus Euro; Turkey Sets Provisional Election Date

(Bloomberg) -- Slovakia's koruna led gains in eastern European currencies as Turkey set a provisional date for an election, encouraging investors to return to emerging markets.

The Slovak currency may snap a monthlong losing streak and reverse losses made earlier in the week after Turkey's Supreme Election Board today said a vote may take place July 22. The koruna appreciated alongside other eastern European currencies such as the Polish zloty and Hungarian forint.


Read more at Bloomberg Currencies News

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