Uncertainty around Iran may affect Polish zloty

The geopolitical tension around Iran may cause investors' aversion to Polish zloty, Head of Sales and Education in CMS Markets Maciej Leściorz believes. There are speculations that President Trump may soon announce imposition of new sanctions on the Ayatollah state. The EUR/ PLN exchange rate on Thursday morning was 4.2640, USD / PLN was traded at 3.5950,  GBP / PLN at 4.8570.  Correction movement on zloty is primarily a result of a rebound on  EUR / USD pair.  In previous weeks zloty was  the "victim" of the growing dollar.