Polish Zloty Climbs To Near 2-week High Against U.S. Dollar
September 07 2016 - 4:03AM
RTTF2
The Polish Zloty firmed against the U.S. dollar in European
deals on Wednesday, amid dollar weakness and as Poland's central
bank held its key interest rate unchanged at a record low
again.
The Monetary Policy Council decided to retain the key reference
rate at a record low 1.50 percent, the National Bank of Poland said
in a statement. The decision was in line with expectations.
The Polish Zloty advanced to 3.8346 against the greenback, its
strongest since August 26. The Zloty is likely to find resistance
around the 3.6 mark. The pair was worth 3.8518 when it closed
Tuesday's trading.
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