Wednesday, February 22nd, 2012
Złoty gaining strength
The złoty has not been so strong since September 2011, Rzeczpospolita wrote. With the EUR/PLN exchange rate at zł.4.28 and the USD/PLN rate at zł.3.27, the Polish currency on Monday continued the good run it started at the end of last week.
Analysts believe that the euro-to-złoty rate is heading towards zł.4.25, and – if nothing unpredictable happens – should reach that level by the end of this week.
From Warsaw Business Journal
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