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
According to experts, the weakening of the Polish currency can benefit exports but currently also boosts inflation
The purchasing power in Poland is 68 percent of the EU’s average
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
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
People are advised to keep the Czech currency in an above-average volume compared to other currencies of young market economies
