USD/PLN — News Archive

The Polish zloty gained today after Polish President Andrzej Duda made a surprise announcement that he is going to veto part of the controversial reform to the judicial system.

The Polish zloty dropped today amid political turmoil in Poland that led to confrontation with the European Union.

Poland’s gross domestic product grew above expectations, probably contributing to the rally of the Polish zloty against the US dollar, though currencies of other Eastern European nations gained as well despite weaker-than-expected economic growth.

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

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.

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

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.

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

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 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.