Share: PLN crumbling on the back of too-soon rate cut from Polish central bank. USD/PLN soaring to five-month highs as market punish Zloty. PNB Governor Glapinski accused of political manipulation ahead of bitter general election. The Polish Zloty (PLN) has plunged in value on the back of an unexpected rate cut from the
Share: Polish central bank cuts interest rates deeper than expected, draws criticisms. Politics appear to be influencing central bank action rather than the economy. Polish inflation is still in double-digit territory despite recent declines. The USD/PLN is pushing higher following an interest rate cut from the National Bank of Poland (NBP), sending the
