Bank Reports Surge in Demand for Czech Currency

Published: 18 December 2003 y., Thursday
NatWest said requests for the Czech koruna had increased by more than any other currency during 2003, excluding the euro and dollar. Overall requests to buy koruna rose by 27% during the year, followed by requests for the Barbados dollar, which rose by 14%, and demand for the United Arab Emirates dirham, which were up by 10%. The bank also reported a rise in demand for the Maltese lira and Swedish krona, which rose by 8% and 5% respectively. Robin Cockburn, head of NatWest Travel Services, said: “Traditional Western European destinations are still very popular with holidaymakers and this year Spain has moved ahead of France for the first time. “But there is growing interest in destinations further afield, ranging from the Czech Republic to Barbados and the United Arab Emirates, and this in a year when the international scene has shown a significant reduction in global holiday travel.” The group also looked at which currencies were best value as a result of declining against sterling since the beginning of the year. It found that the biggest change had been to the Jamaican dollar, which had fallen by 26%, followed by the Mexican peso at 13% and the Polish zloty which is down 9% against sterling.
Šaltinis: news.scotsman.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Taxation: Removing cross-border tax obstacles for EU citizens

Today, the Commission published a Communication which outlines the most serious tax problems that EU citizens face in cross-border situations and announces plans for solutions. more »

State aid: Commission opens in-depth investigation into Hungarian support measures for national airline Malév

The European Commission has opened a formal investigation under EU state aid rules to examine a number of support measures, including several capital injections and shareholder loans, that the Hungarian authorities granted to Malév-Hungarian Airlines in the context of its privatisation and subsequent renationalisation. more »

Fake Chinese products spread

Internet and lax customs enforcement drive growth of 600 billion US dollar counterfeit goods industry. more »

Report: millions escape poverty

350 million people rose out of poverty in the past decade, but 1.4 billion are still extremely poor, says the latest report into rural poverty. more »

Getting more people into better jobs

New plan sets out action to reach 75% employment target for the EU by 2020. more »

Innovation Union: three new European research infrastructures on wind, solar and nuclear energy announced

Research Ministers of the EU Member States and Associated Countries, together with the European Commission, are announcing in Brussels today three new pan–European energy research infrastructures. more »

Commissioner Šemeta visits Moscow to strengthen EU-Russia customs cooperation

Algirdas Šemeta, Commissioner for Taxation, Customs, Audit and Anti-fraud, is visiting Moscow today to discuss ways in which customs cooperation between the EU and Russia can be reinforced. more »

ECB must go on participating actively in tackling the economic crisis

Following on from Monday's debate with ECB President Jean-Claude Trichet, MEPs on Tuesday adopted a resolution, by a show of hands, gauging the ECB's performance in 2009 and suggesting actions to be taken in view of the economic situation. more »

Parliament approves aid to unemployed people in the Netherlands

The European Parliament today approved €10.5 million in European Globalisation Adjustment Fund aid to over 3,000 people in the Netherlands who lost their printing and publishing sector jobs last year, due to the economic crisis. more »

France unveils Taj Mahal gold coin

A diamond-studded gold coin engraved with a picture of the Taj Mahal and worth 100,000 euros is unveiled at the Paris mint. more »