Money

Money supply goes up 1.1% in the first ten days of Aug

Money supply goes up 1.1% in the first ten days of AugThe money supply increased in the first ten days of August by 1.1%, to reach PLN 280.7bn (USD 65.3bn), according to preliminary data of the National Bank of Poland (NBP). From the beginning... Czytaj dalej

The zloty strengthens in anticipation of higher interest rates

The zloty strengthens in anticipation of higher interest ratesThe expectation for a raise of the basic interest rates by the Monetary Policy Council (RPP) next week resulted in an increased inflow of speculative capital to Poland. The zloty's... Czytaj dalej

The price of treasuries goes down

The price of treasuries goes downThe rates of interbank loans went up in expectation of a raise of basic interest rates, while the price of treasuries dropped. At yesterday's auction, despite the demand being twice as high as the Finance Ministry's... Czytaj dalej

Money supply dropped by 2.5% in July

Money supply dropped by 2.5% in JulyThe money supply dropped by 2.5% to PLN 277.7bn (USD 63.1bn) in July, according to the National Bank of Poland's (NBP) data published on Monday. For the last twelve months, the money supply rose by 16.4%.... Czytaj dalej

Subsidies to local governments for teachers' pay rises in August

Subsidies to local governments for teachers' pay rises in AugustPM Jerzy Buzek declared that the central budget would distribute to local authorities the first tranche of the subsidies for teachers' pay rises in August. He did not reveal where... Czytaj dalej

Money supply down 2.9% in July 1-20

Money supply down 2.9% in July 1-20The National Bank of Poland announced that the money supply dropped by 2.9% after twenty days of July, while it had increased by 5.9% in June. Since the beginning of this year, the supply increased by 4.9%... Czytaj dalej

Money supply goes down 2.3% in July 1-10

Money supply goes down 2.3% in July 1-10Money supply went down 2.3% to PLN 278.23bn in the first ten days of July, according to the central bank data. It rose 5.6%, or PLN 14.79bn, since the beginning of the year. Dynamic drop in the money supply... Czytaj dalej

The money supply rose by 5.9% to PLN 284.7bn

The money supply rose by 5.9% to PLN 284.7bnThe money supply rose by 5.9% to PLN 284.7bn (USD 65.75bn) in June. It resulted mainly from the debt increase of individuals that grew 25% to PLN 50.7bn. The companies' debt climbed only 2% to PLN... Czytaj dalej

SLD files no-confidence motion against Education Minister

SLD files no-confidence motion against Education MinisterDemocratic Left Alliance (SLD) filed no-confidence motion against Education Minister Miroslaw Handle to Sejm Speaker. The motion has been signed by 74 SLD deputies. They claim that Handke... Czytaj dalej

Money supply up 1.1% in May

Money supply up 1.1% in MayMoney supply in May rose 1.1% m/m, or from PLN 2.85bn to PLN 268.63bn, according to the central bank. Net foreign assets fell 0.2%, or USD 61.4mn to USD 27.1bn. The central bank revised the figure for foreign assets... Czytaj dalej

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