Slovak Koruna

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Slovak Koruna

The former currency of Slovakia. It was first issued in 1993 with the separation of Slovakia and the Czech Republic, replacing the Czechoslovakian koruna at par. It was the sole currency of Slovakia until the end of 2008, when the nation adopted the euro.
References in periodicals archive ?
After depletion of international reserves, the National Bank of Slovakia came up with a 10% devaluation of the Slovak crown against a currency basket without widening the oscillation bands.
In addition, EuroTel recorded lower foreign exchange gains arising mainly on our Euro-denominated long-term notes in fourth quarter 2003, as compared to the same period of 2002, primarily as a result of the lower appreciation of the Slovak Crown against the Euro, which is the currency in which all our borrowings are denominated.
Listed below are some important factors which could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: material adverse changes in the business environment in the Slovak Republic, such as the devaluation of the Slovak Crown, inflation levels above those in the U.
The lower foreign exchange gains in the third quarter of 2003 over the third quarter 2002 are the result of the lower appreciation of the Slovak Crown against the Euro, which is the currency in which all our borrowings are denominated.
The lower foreign exchange losses in the second quarter of 2003 over second quarter 2002 are the result of the appreciation of the Slovak Crown against the Euro, which is the currency in which all our borrowings are denominated.
Foreign exchange gains in the first quarter are the result of the appreciation of the Slovak Crown against the Euro, which is the currency in which all our borrowings are denominated.
Foreign exchange gains in the third quarter are the result of the appreciation of the Slovak Crown against the Euro, the currency in which all our borrowings are denominated.
Foreign exchange losses increased as a result of devaluation of the Slovak Crown against Euro, in which all our borrowings are denominated.
Listed below are some important factors which could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: material adverse changes in the business environment in Slovakia, such as the devaluation of the Slovak Crown, inflation levels above those in the US and economic downturns; the effect of changes in the regulatory environment in Slovakia; our ability to develop new technologies and recruit and retain qualified personnel; our ability to obtain the financing necessary to pursue business opportunities; and our ability to adapt to rapid technological changes and significant competition.
Listed below are some important factors which could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: materially adverse changes in the business environment in Slovakia, such as the devaluation of the Slovak Crown, inflation levels above those in the U.
Listed below are some important factors which could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: materially adverse changes in the business environment in Slovakia, such as the devaluation of the Slovak Crown, inflation levels above those in the US and economic downturns; the effect of changes in the regulatory environment in Slovakia; our ability to develop new technologies and recruit and retain qualified personnel; our ability to obtain financing necessary to pursue business opportunities; and our ability to adapt to rapid technological change and significant competition.

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