REKLAMA

Money supply down 2.9% in July 1-20

2000-08-02 00:00
publikacja
2000-08-02 00:00

Money supply down 2.9% in July 1-20

The 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% or PLN 12.9bn (USD 3.0bn). The drop had been expected and did not affect the market. The June increase was mainly caused by the public sale of shares in the largest Polish petrochemical company Polski Koncern Naftowy Orlen (PKN). The domestic demand seems to be in check, but further increases of the basic rates can not be excluded, as the Monetary Policy Council has no other instrument to fight inflation. The Main Statistical Office (GUS) is scheduled to announce the July food price changes today. Yesterday, the zloty dropped slightly by 0.33% to the dollar and by 0.53% to the euro, and is not expected to strengthen in the nearest future. The foreign currency assets increased during the twenty days of July by 0.2%, or USD 52.9mn to reach USD 27.8mn. Since the beginning of the year, this amount increased by 4.0%

Źródło:IntelliNews Daily
Tematy
Zapytaj eksperta o kredyt hipoteczny

Zapytaj eksperta o kredyt hipoteczny

Komentarze (0)

dodaj komentarz

Powiązane

Polecane

Najnowsze

Popularne

Ważne linki