Polish Zloty Hits 6-Month High Against Euro
The Polish currency hit a
After a World Bank statement today indicating that a $4.5 billion dollar loan was approved to the Polish government, the zloty rose more than 2 percent against the euro, as confidence rose among investors towards the future of the Polish economy. Adding to the current attractive profile for the Polish currency, a manufacturing index in Poland indicated the slightest decline in nine months, suggesting that the economy in Poland is recovering.
EUR/PLN traded at 4.3625 as of 6:28 GMT rising from a previous price of 4.4575.
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Earlier News About the Polish Zloty:
- Poland Needs to Adopt Euro More Urgently (2008-08-13)
- Polish Zloty Gains for Second Week (2008-02-03)
- Czech and Polish Central Banks Leave Rates Unchanged (2007-12-19)
