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Polish Zloty Gains on Friday

January 27, 2017 at 12:23 by Vladimir Vyun

Many 200-zloty notesThe Polish zloty gained during the Friday’s trading session thanks to relatively good performance of the nation’s stock market.

Prices for Polish assets fell last year due to the government’s policies that were not particularly business-friendly. But while Polish stocks fell a bit today, they have demonstrated strong gains last week and outperformed other Eastern European equities during the current trading session despite the losses. That supported the zloty today, making traders bullish on the currency at least in the short term.

USD/PLN fell 0.30% to 4.0573 as of GMT today.

If you have any questions, comments, or opinions regarding the Polish Zloty, feel free to post them using the commentary form below.

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