Review of 2004 - April: Banks draw EU25 battle plans
Some banks were reported to be reorganising the trading teams that deal with the currencies of the new EU states – Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia. Deutsche Bank, for example, added the most recent accession countries units to an existing desk it had in Frankfurt, which traded the Hungarian forint, the Polish zloty, the Czech koruna and the Slovak koruna. “There are some similarities with these currencies although there are
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