The Decisions adopted by the Governing Board on the occasion of its 312th regular meeting on 15 June 2005

Decisions adopted by the Governing Board on the occasion of its 312th regular meeting:

1. In its today´s 312th session, the Governing Board of the Bank of Slovenia inter alia discussed monetary developments. The tolar exchange rate has gradually appreciated against the euro since the beginning of April. The average exchange rate amounted to 239.69 EUR/SIT in the foreign exchange market in April and to 239.61 EUR/SIT in May. It has been floating below the central parity since end-April, with the average deviation from this parity amounting to 0.01 per cent in May.
   
2. The Governing Board of the Bank of Slovenia also adopted the Decision on Harmonising the Operation of the Slovene Export Company with the Regulation Which Regulates the Operation of Banks. In compliance with the Act on Hedging and Funding International Transactions of Economics, the Slovene Export Company must finally harmonise itself with the regulation which regulates the operation of banks no later than 31 December, 2006.