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US dollar leaves Polish złoty bruised

PR dla Zagranicy
Nick Hodge 25.11.2015 16:03
  • Is Poland's currency chronically undervalued?
The Polish złoty has been valued at over 4 to the US dollar, for the first time in over a decade.
Photo: cc/Flickr/money picturesPhoto: cc/Flickr/money pictures

What are the factors behind the złoty’s depreciation?

“The dollar is appreciating against all major currencies,” said Adam Puchalski, analyst of the Polish branch of X-Trade Brokers, in an interview with Radio Poland’s Agnieszka Łaszczuk.

“Actually, the złoty might be one of the most undervalued currencies on the FX market,” the expert added.

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