National Bank of Poland — News Archive

The Polish zloty slipped against the US dollar today as analysts speculated that the central bank will not turn hawkish despite rising inflation. The political turmoil was not helping the currency either.

The Polish zloty backed off from the recent highs today after the nation’s central bank decided to keep the record low interest rates unchanged.

The Polish zloty fell today after a member of central bank’s Monetary Policy Council signaled that the National Bank of Poland would accept depreciation of the currency if it happens

Poland’s central bank decided to perform an interest rate cut today, reducing all of its borrowing costs by half of a percentage point. Such decision resulted in a drop of the Polish zloty against the US dollar. The currency was still stronger than the euro.

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.

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.

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.

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.

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.

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.