Polish Zloty Weakens To 2-day Low Versus U.S. Dollar
11 Gennaio 2017 - 9:13AM
RTTF2
The Polish Zloty declined against the U.S. dollar in the
European session on Wednesday, amid broad-based dollar strength
across the board, and after the Poland central bank decided to
maintain its key interest rate at a record low.
The decision was in line with economists' expectations.
The Monetary Policy Council of the National Bank of Poland
decided to keep the key reference rate unchanged at a record low
1.50 percent.
The Polish Zloty dropped to a 2-day low of 4.16 against the U.S.
dollar, compared to Tuesday's closing value of 4.14. Continuation
of the Zloty's downtrend may see it finding support around the 4.25
zone.
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