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Złoty in a stable postion

12:34

The Russia-Ukraine conflict have already started to influence fluctuations of the European currencies.  The złoty, however, is not predicted to lose its current value any more, conversely to the currencies of the countries from Central Europe like forint or Czech koruna. Michał Stajniak, DM X-Trade Brokers analyst, told Dziennik Gazeta Prawna that "the fights between Ukrainian forces and guerilla militia are not the only reasons for the current fluctuations. The markets are also affected by fights in the Gaza region and recent bombings in Iraq.(...) Despite an unfortunate situation the Polish currency seems stable." According to experts, the risks are much bigger for other currencies. The policy of the Hungarian government results in less trust of the markets to the currency. The Czech market is a subject to a long-term deflation and the central bank wants the koruna to be cheaper.  

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