Polish Zloty Hits 2010 Record High Versus Weakened Euro
The Polish currency started another week gaining versus the euro as the economic recovery in the country and in other regions around the world, specially in North America, is making traders to bet in the zloty regionally, considering the Eurozone current crisis.
After Polish officials affirmed that the country’s inflation may force the nation’s central bank to raise interest rates, the zloty gained versus the euro, hitting the highest level in more than a year, as the European single currency is still under the influence of the current budget crisis involving multiple countries in the Eurozone.
EUR/PLN closed at 3.9623 in the European session, from an opening rate of 3.9701.
If you want to comment on the Polish zloty’s recent action or have any questions regarding this currency, please, feel free to reply below.
Earlier News About the Polish Zloty:
- Polish Zloty Down on European Confidence Decline (2010-02-19)
- Polish Zloty Climbs on Country GDP (2010-01-28)
- Investment Agency Rating Pushes Polish Zloty Up (2010-01-09)
- Polish Zloty Rises on GDP Acceleration (2009-11-30)
- Polish Zloty Rallies on Central Bank Statements (2009-10-15)
