On 30 March, the Polish zloty (PLN) traded at 4.15 per EUR, which was 0.6% weaker than at the end of the previous month. The March loss contrasted February's 2.2% gain, when the currency traded at 4.13 PLN per EUR. In annual terms, the zloty has lost 3.2% compared to the same month last year. Since the beginning of the year, however, the zloty has appreciated 7.0% versus the EUR, as investors continue to seek higher returns in emerging markets. A stronger zloty may help alleviate inflation concerns for Polish policymakers going forward, after February's inflation reached 4.3%, well above the Central Bank's target.
Poland Exchange Rate
Zloty loses some ground in March
March 30, 2012
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Poland Economic News
October 19, 2016
In September, industrial production expanded 3.2% over the same month last year, which was notably below the 7.5% expansion recorded in August.
October 12, 2016
According to the Central Statistical Office (GUS), consumer prices recorded flat growth over the previous month in September, which followed the 0.2% decrease recorded in August.
October 5, 2016
As anticipated by market analysts, the National Bank of Poland (NBP) decided to keep the reference rate at the record low of 1.50% at its 4–5 October monetary policy meeting.
October 3, 2016
The Manufacturing Purchasing Managers’ Index (PMI) rose from August’s 51.5 to a six-month high of 52.2 in September, according to IHS Markit.
September 30, 2016
According to a preliminary estimate released by the Central Statistical Office (GUS) on 30 September, consumer prices recorded flat growth over the previous month in September, which followed the 0.2% fall recorded in August. In annual terms, consumer prices dropped 0.5% in September, which was a less pronounced decline than the 0.8% fall recorded in August.