Croatian cen bank offers euros at 7.50 kuna

CROATIA - The Croatian central bank said on 21 August it would sell an unspecified amount of euros at 7.50 kuna ($0.907) - its second intervention this month to aid the kuna and a first sale of currency at a fixed exchange rate.

It sold 60.85 million euro ($55.62 million) in the local market at an average rate of 7.4141 kuna per euro on Aug 11, amid tightening supply of foreign exchange at banks.

The kuna exchange rate has since slipped, with banks prepared to pay as much as 7.61 kuna earlier o