USD/PLN — News Archive

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Polish Zloty Edges Lower Ahead of S&P Credit Rating Review

The Polish zloty edged lower today ahead of a credit rating review by Standard & Poor’s that may result in lower credit grade for the Eastern European country.

Polish Zloty Weakens Slightly as Growth Forecast Revised Lower

The Polish zloty fell a bit today after the outlook for this year’s economic growth in Poland was revised lower.

Polish Zloty Under Pressure from Monetary Easing Outlook

The Polish zloty fell against other most-traded currencies, including the US dollar, during the Friday’s trading session, pressed by expectations of monetary easing from the nation’s central bank.

Polish Zloty Falls After Comments of MPC Member

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

Weaker Zloty Good for Polish Economy

The Polish zloty fell against the US dollar today as the market sentiment soured, making riskier currencies of emerging economies less attractive. This may be not that bad in the long run, at least for those Polish policy makers that want the currency to be lower.

Poland’s Central Bank Cuts Interest Rates, Zloty Weakens vs. Dollar

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.

Polish Zloty Falls on Concerns about Russia’s Troubles

The Polish zloty fell today on concerns that economic troubles in Russia may spread to other Eastern European countries. Yet analysts argue that the future does not necessarily looks bleak for the currency.

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.

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