ARTICLE · 08 SEPTEMBER 1998
Slovak News - August 1998 - Statistics
SlovakiaLitigation, Mediation & Arbitration
Foreign exchange reserves
Slovakia's foreign exchange reserves totalled US$ 7.6bn as of 15 July 1998, showing an increase of US$ 1.1bn, compared to the end of last year.
The NBS has created reserves of US$ 3.748bn and commercial banks those of US4 3.857bn.
Foreign Trade
Between January and May 1998, imports amounted to Sk 177.45bn which represents an increase of 19,17%, when compared to last year. The export of Sk 145.47bn shows an increase of almost 22%, compared to last year. The credit balance amounted to approximately Sk 32.3bn.
Labour productivity
The Measure of government under which an increase in wages depends on labour productivity, known as the wage regulation, seems to lower year-to-year increase in wages in the first quarter of 1998.
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