REKLAMA

The zloty strengthens in anticipation of higher interest rates

2000-08-24 00:00
publikacja
2000-08-24 00:00

The zloty strengthens in anticipation of higher interest rates

The 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 strengthening against the dollar has also been explained by an influx of money from privatisation of Telekomunikacja Polska (TPSA), which has to be paid before the end of September.

Źródło:IntelliNews Daily
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