Polish Zloty Falls To 5-day Low Against U.S. Dollar
January 25 2016 - 11:51PM
RTTF2
The Polish Zloty weakened against the U.S. dollar in the early
European session on Tuesday.
Data from the Central Statistical Office showed that Poland's
jobless rate rose to 9.8 percent in December from 9.6 percent in
November. Economists had expected the unemployment rate to increase
slightly to 9.7 percent.
Against the greenback, the Polish Zloty fell to a 5-day low of
4.1516 from an early high of 4.1214. At yesterday's close, the
Polish Zloty was trading at 4.1236 against the greenback.
If the Polish Zloty extends its downtrend, it is likely to find
support around the 4.16 area.
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