The zloty made it through the May weekend on dry land despite quite important events on the global market that will shape the quotations in early May. The decision of the Monetary Policy Council is ahead of us and the game is about when the Fed will lower interest rates.

The zloty exchange rate reversed after a sharp previous depreciation along with the de-escalation of tension in the Middle East, which allowed the markets to reduce the valuation of uncertainty in the form of a drop in expected volatility. This is the growth [...]

This week, the dollar rate shot up in a way not observed since July 2022 (6 days of increases in a row) to PLN 4,12, which was the highest level since November 2023. The euro rate, in turn, increased with the greatest [...] ]

On Tuesday, the zloty had the worst day since the memorable September 6, 2023, i.e. since the depreciation of the Polish currency caused by the unexpected decision of the Monetary Policy Council to significantly reduce interest rates in Poland. This time [...]