Wednesday, May 14, 2008

NBP governor Skrzypek worried about pace of zloty’s appreciation.

Email a Friend

All fields are compulsory

Your name:
Your email:

To include more than one recipient, please separate each email address with a semi-colon ';'

Recipient email(s):

Email yourself a copy?
Comments:

Add Your Comment

All comments are subject to editorial review.
All fields are compulsory

Your name:
Your email:
(will not appear)

You may email your comment to a friend
To include more than one recipient, please separate each email address with a semi-colon ';'

Recipient email(s):

Publish your name?
Receive email notification of new comments posted by other users?
Email yourself a copy?

Comments:

I have read and agree to the Terms and Conditions

NBP governor Skrzypek worried about pace of zloty’s appreciation. It is not the zloty’s appreciation trend itself that is worrisome, but the pace of the Polish currency’s strengthening, National Bank of Poland (NBP) governor Slawomir Skrzypek said. He stressed that the zloty gained about 10% against the euro since the beginning of the year. The NBP receives more and more protests against this from domestic exporters, Skrzypek stated. It is worthwhile to note, however, that the strong zloty has been assisting the central bank in fighting inflation. According to the NBP’s recent survey, 18% of enterprises point to the zloty’s strength as the main obstacle in their development. The Monetary Policy Council (RPP) said after its sitting at the end of April that "the previous increases of the NBP's interest rates and the zloty appreciation observed over the past few quarters should also be conducive to lowering inflation." ISB, tom

The US treasury market reaches breaking point

Country risk 2008:

NBP governor Skrzypek worried about pace of zloty’s appreciation.

Email a Friend

Add Your Comment

Other ISI central and eastern europe stories

Dubai looking to life after the bubble

Investment banking: How to make money in 2009

Careers in hedge funds: Job market alive and kicking

Zurich Targets U.S. Owners For Insurance Expansion

Property hedge funds outperform

Pakistan's richest man in his first foreign interview: Mian Mansha, Nishat group

Pension funds: Widening the short-selling blame game

Islamic finance debate: Participants

SEC not alone in ignoring warnings: The Madoff collapse shames us all

Investment banking: How to make money in 2009

Are agency brokers the new powers in debt trading?

DCM review: Winners were also losers in 2008

Dubai looking to life after the bubble

Foreign exchange debate - Investing in FX: learning history lessons

Latest Issue