Poland intervenes after zloty hits one-year low

Written by on June 10, 2013 in Europe - No comments

Poland’s central bank NBP confirmed on June 7 2013 that it had sold a “certain amount” of foreign currencies on the FX market to bolster the zloty after, during the Thursday session, it fell to its lowest levels since June 2012.

Dealers said NBP had entered the market several times and that state-owned BGK bank also stepped into the market in the late afternoon trade.

For the full story, please visit The Warsaw Voice

 

(Photo: Marcin Rolicki)

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