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.
Zloty — News Archive
June 09th, 2014 at 9:16
May 07th, 2014 at 17:21
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.
March 07th, 2014 at 12:40
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.
February 28th, 2014 at 11:36
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.
December 04th, 2013 at 14:46
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.
November 07th, 2013 at 2:12
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.
October 15th, 2013 at 14:08
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.
October 03rd, 2013 at 2:13
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.
September 04th, 2013 at 15:44
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.
June 24th, 2013 at 12:36
The Polish zloty fell today. The recent weakness of the currency led to speculations that the central bank will not be able to cut interest rates again as this can damage the zloty further.