14:31 11 July 2023
Złoty growth is the strongest in 14 years - Rzeczpospolita
The scale of złoty strengthening is the strongest since 2009 and is likely to continue, Rzeczpospolita reported. The newspaper emphasizes that the evaluation of the domestic currency's appreciation should not solely rely on the euro and dollar exchange rates but also consider inflationary factors.
Nevertheless, the prospect of interest rate cuts presents potential risks for the złoty, given that investors generally favor currencies with higher interest rates.
