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View Full Version : Gilowska Says Polish Rate Cut 'Premature' as Zloty Will Weaken - Bloomberg



NewsWhore
10-12-2011, 04:42 AM
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Gilowska Says Polish Rate Cut &#39;Premature&#39; as Zloty Will Weaken (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFvIKmz8YV0SyeQmM7sZ-cMTm3eZg&url=http://www.bloomberg.com/news/2011-10-12/gilowska-says-polish-rate-cut-premature-as-zloty-will-weaken.html)
Bloomberg
The currency traded at 4.3024 per euro at 8:40 am in Warsaw, up 0.5 percent on the day. “We&#39;re bucking the global trend in trying to stabilize the currency and it&#39;s clear such efforts will be completely ineffective in the long term,” Gilowska said. ...

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