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 Data
|Exchange Rate (vs USD)||3.92||4.18||3.48||3.74||3.79|
5 years of economic forecasts for more than 30 economic indicators.
Poland Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||2.07||-0.30 %||Dec 31|
|Exchange Rate||3.79||-0.53 %||Jan 01|
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August 3, 2020
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) rose for the third consecutive month and climbed from June’s 47.2 to 52.8 in July, as lockdown measures were further eased and operations restarted.
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July 23, 2020
Manufacturing-sector business confidence recovered some additional ground in July, although it remained deeply entrenched in pessimist terrain.
July 22, 2020
Retail sales fell 1.9% year-on-year in June (May: -8.6% yoy).
July 20, 2020
Industrial output rose 0.5% year-on-year in June, contrasting the 17.0% collapse recorded in May and beating market expectations of a 6.95 contraction.