USD/PLN — News Archive

Polish Zloty Falls, While Officials Expect Appreciation

The zloty fell today, but Polish officials are concerned that the currency may yet strengthen due to the extremely accommodative policy of the European Central Bank, threatening the nation’s economic wellbeing.

Polish Zloty Rises Following NBP Decision

The Polish zloty rose today even as the nation’s central bank left interest rates unchanged. Some analysts say that policy makers are reluctant to tighten monetary policy because they are afraid that geopolitical risks could derail Poland’s economic recovery. Still, the central bank’s outlook is relatively optimistic.

Zloty Falls as Poland Considers Entering Eurozone

Poland is again considering shifting from the zloty to the euro as the crisis in Ukraine makes Polish politicians and people nervous. The zloty declined today.

Polish Growth Accelerates, Increases Attractiveness of Zloty

The Polish zloty gained today as nation’s economic growth is accelerating, demonstrating that the economy is on track to recovery. The data suggests that an interest rate hike may happen very soon, adding to the attractiveness of the currency.

Polish Zloty Weakens as NBP Keeps Interest Rates Record Low

The Polish zloty declined today after the nation’s central bank kept interest rates unchanged at the record low level for the fifth consecutive meeting.

Zloty Remains Soft as NBP Pledges Keep Interest Rates Low

The Polish zloty was soft today after the nation’s central bank left interest rates at record low yesterday and pledged to keep monetary policy extremely accommodative for a prolonged period of time.

Polish Zloty Falls as Inflation Decelerates

The Polish zloty fell today as nation’s inflation decelerated last month, giving the central bank incentive to keep interest rates at the current record low level.

Polish Zloty Firm as NBP Does Not Mention Interest Rate Cut

The Polish zloty was firm against the US dollar today after the nation’s central bank left interest rates unchanged yesterday. Policy makers did not mention possibility of an interest rate cut and this was positive for the currency.

Zloty Rises as NBP Does Not Plan Cutting Interest Rates

The Polish zloty appreciated today as the nation’s central bank left its key reference rate unchanged and signaled that it is not going to reduce borrowing costs in the future.

Zloty Rebounds with Bonds

The Polish zloty gained today, bouncing from the previous huge slump, as nation’s bonds rallied and traders speculated that the drop was excessive.

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