Exchange Rate in Poland
Poland - Exchange Rate
Zloty loses some ground in March
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 vs EUR Data
|Exchange Rate (vs EUR)||4.47||4.08||4.15||4.29||4.26|
5 years of economic forecasts for more than 30 economic indicators.
Poland Exchange Rate vs EUR Chart
Source: Thomson Reuters.
|Bond Yield||3.54||-0.76 %||Mar 27|
|Exchange Rate||3.91||-0.98 %||Mar 27|
|Stock Market||58,339||-1.24 %||Mar 27|
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March 14, 2017
Consumer prices rose 0.3% over the previous month in February, which came in a notch below the 0.4% increase in January.
March 8, 2017
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 7–8 March monetary policy meeting.
March 1, 2017
The Manufacturing Purchasing Managers’ Index (PMI) fell slightly from January’s 54.8 to 54.2 in February, according to IHS Markit.
February 28, 2017
Poland’s economy gained steam in the fourth quarter amid a pick-up in exports and private consumption.
February 23, 2017
The manufacturing sector business climate index rose from 2.7 points in January to 4.5 points in February, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS).