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Weekly Review of the Slovene Economy from 15 to 21 July

Ljubljana, 23 July - In a bid to prevent the exchange rate from growing too fast, the Bank of Slovenia on Tuesday fixed the exchange rate and adjusted it on Friday. The basic purchase exchange rate for the corporate sector now stands at SIT 207.1948 per euro, with the selling rate totaling SIT 208.0252 per euro at the most. The measure has to be observed by all 18 banks which have contracts signed with the central bank on the interventions in to the foreign currency market. The gap between the highest selling exchange rate amd the lowest purchase rate stands at 0.2 percent for the euro and the other currencies of EU member states.

The Slovene government raised the retail price of liqefied natural gas and discussed budget-related issues in addition to its withdrawl from Revoz, a Novo mesto-based car manufacturer whose majority owner is the French company Renault.

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