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View Full Version : Belka Won't Risk Poland's Reputation by Raising Rates Too Soon - Bloomberg



NewsWhore
03-27-2012, 10:50 AM
Belka Won't Risk Poland's Reputation by Raising Rates Too Soon (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH8gnWNI5P7FdIzT_u332vnegxpOQ&url=http://www.bloomberg.com/news/2012-03-27/belka-won-t-risk-poland-s-reputation-by-raising-rates-too-soon.html)
Bloomberg
So the strengthening of the Polish currency from around 4.50 to the euro to 4.13 today gives us a little more leeway, a little more time to wait. However, the fact that the zloty is quite volatile doesn't help us. Volatility in itself adds to ...

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