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Zloty shows slight rebound

22:20

Zloty shows slight rebound
Source: Adobe Stock

The Polish zloty edged higher on Wednesday, recovering part of Tuesday’s losses against the euro and strengthening against the dollar. At 4:15 p.m., EUR/PLN slipped 0.12% to 4.2781, while USD/PLN dropped 0.49% to 3.6796. EUR/USD climbed 0.37% to 1.1626.

PKO BP strategist Mirosław Budzicki noted that EUR/PLN has been trending toward the 4.30 resistance…

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