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Commission Proposes Irreversible Rate of SIT 239.64 per Euro

Brussels, 28 June - The European Commission proposed on Wednesday that the irreversible exchange rate at which Slovenian tolars are exchanged for euros on 1 January 2007 be set at 239.64 tolars per euro, the rate at which Slovenia entered the ERM II exchange rate mechanism two years ago to the day.

Euro coins.
Photo: Domen Groegl/STA

© STA, 2006