Polish currency reaches strongest point in a decade
An analysis from Bank Handlowy shows that since the beginning of the year, the Polish zloty (PLN) has strengthened by 2.6 percent against the euro and nearly 6 percent against the U.S. dollar
Polish złoty hits record low against US dollar and Swiss franc
According to experts, the weakening of the Polish currency can benefit exports but currently also boosts inflation
Poland’s weakened currency will keep Poles stuck behind Western Europe in terms of pay and living standards
The purchasing power in Poland is 68 percent of the EU’s average
US dollar at record level against Polish zloty
The dollar is being strengthened by the U.S. Federal Reserve’s efforts to fight inflation, a buoyant labor market, and the country’s energy self-sufficiency
Adopting the euro currency won’t fix Poland’s economic problems
The CEO of the Warsaw Stock Exchange, Marek Dietl, warns that joining the eurozone should not be treated as a panacea for temporary shifts in the Polish economy
JPMorgan recommends owning Czechia’s currency during time of inflation
People are advised to keep the Czech currency in an above-average volume compared to other currencies of young market economies