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Interest rates stability eases pressure on the złoty

13:20

Interest rates stability eases pressure on the złoty
Source: Pexels

Polish interest rates are more likely to remain unchanged throughout 2024, with the central bank signaling a hawkish stance that favors the zloty. While there's a possibility of slight reductions towards year-end, the main focus right now is on inflation data.

Though the zloty might weaken slightly against the euro, the overall outlook paints a picture of relative stability for the Polish currency. Strong US dollars and a stagnating eurozone can also influence the zloty's performance.

Source: inwestycje.pl

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