Slovakia joins ERM-II

Slovakia has joined the Exchange Rate Mechanism 2 (ERM-II), the Hospodarske noviny daily wrote.

Slovakia's joining of the ERM II was intentionally sudden and unannounced in order that forex market players not have time to prepare speculative deals, the report said. Slovakia was originally supposed to have become a member of the ERM II in June 2006.

"After agreement between all the parties involved, the central exchange rate at which the crown is pegged to the euro was set at SKK 38.4550 to one

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.