On 31 January, the Polish zloty (PLN) traded at 4.22 per EUR, which was 5.5% stronger than the level registered in the previous month. The January gain followed December's 0.9% increase, when the PLN traded at 4.47 per EUR. In annual terms, however, the zloty has lost 7.3% compared to the same month last year. As a result of the monthly appreciation, the zloty returned to the levels last seen in September 2011. The currency continued to appreciate in January amid improving investor confidence and increasing appetite for emerging market assets at the beginning of the year. A stronger zloty may to some extent help to alleviate inflation concerns for Polish policymakers, as December's inflation reached 4.6%, well above the Central bank's target.
Poland Exchange Rate
Zloty continues to appreciate in January
January 31, 2012
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Poland Economic News
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.
September 30, 2016
The manufacturing sector business climate index decreased from 4.8 points in August to 3.3 points in September, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS).