The kuna has weakened against the euro by 0.08 percent according to today’s exchange rate list of the Croatian National Bank (HNB) compared to yesterday’s exchange rate list, standing at 7.390517 kuna per average exchange rate, while the Swiss franc has reached its new record value, approaching the ‘psychological’ barrier of six kuna.
The average exchange rate of the franc on today’s exchange rate list established by the HNB is 5.916200 kuna, što is an increase of 0.31 percent compared to yesterday’s exchange rate list. In relation to the exchange rate list of the HNB that was valid on the first day of this year, the exchange rate of the franc on today’s exchange rate list of the central bank is higher by as much as 20.2 percent. The value of the kuna against the švicarskim frankom is determined by the relationship between the franc and the euro in the global market. Concerns about the debt crisis in the eurozone are prompting investors in international currency markets to sell euros and seek safe haven in the švicarskim frankom, which is perceived as a safe currency, especially in conditions of renewed concern about developments in certain countries. On today’s exchange rate list of the HNB, the US dollar has also gained value against the kuna, increasing by 0.41 percent, with its average exchange rate standing at 5.641185 kuna. At the same time, the kuna has strengthened against the British pound by 0.10 percent, with the average exchange rate of the pound at 8.686550 kuna. (H)
