Zloty loses against the euro, strengthens against the dollar

On Tuesday morning, the zloty lost 0.15 percent to the euro, hovering around PLN 4.64. The national currency also lost against the Swiss franc valued at PLN 4.68. At the same time, the zloty grew 0.18% against the dollar to PLN 4.35.

The strengthening of the zloty observed in recent weeks is consistent with the foundations of the Polish economy, the National Bank of Poland board member Paweł Mucha said cited by 300gospodarka. He added that the exchange rate of the zloty is impacted by the war in Ukraine.