HNB Intervenes in Foreign Currency Market to Preserve Kuna Exchange Rate

Total Croatia News

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Image: Pexels
Image: Pexels

This was the central bank’s first foreign exchange intervention since 16 June 2021.

The kuna strengthened against the euro by a marginal 0.0001 per cent from Tuesday.

Today’s middle exchange rate, effective from Thursday, is 7.560528 kuna for one euro.

The Croatian financial system is currently enjoying record liquidity of about HRK 80 billion.

For more, make sure to check out our business section.

 

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