Poland’s bruised currency recovers but hinges on macro data, Moody’s review – The First News
The review of the Polish credit rating by Moody's slated for late Friday is a domestic factor with a significant role to play. Andrew Gombert/PAP/EPA The Polish zloty seems to be largely recovered from the pressure of a recent interest rate decision but is now hinged on global macro publications as well as Poland's credit rating revision by the Moody's agency due late Friday. Poland’s currency has been under constant pressure since the start of September, when the country's Monetary Policy Council (MPC) surprised markets with a 75 basis points...
