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Following the determination of the euro conversion rate of the Slovak koruna by the EU Council on 8 July 2008 by way of an amendment to Regulation (EC) No 2866/98, which is to become effective as of 1 January 2009, the European Central Bank and Národná banka Slovenska will monitor developments in the market exchange rate of the Slovak koruna against the euro in the context of the ERM II agreement.
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