Are banks fixing exchange rates in order to multiply profits?

They are at ease to manipulate foreign exchange rates hoisting them above market levels. This way, they are capable of generating zł. 120 million annually. Most popular are those denominated in Euros, Dollars or Swiss franks. "Banks are earning and the customer, clinching the deal, conforms to the bank's terms," says Robert Gwiazdowski from the Adam Smith Centre. In reality, it is the creditor who is guaranteed better protection. The total amount of loans denominated in foreign currencies equals around EUR 25 billion. (Parkiet, p. 1) A.Z.