Poland FX Flows – More FX comments from the MPC, NBP unhappy with zloty strength
Published at 13:41 (GMT) 09 Mar More FX comments from the MPC, this time rate setter Rzonca says on as Reuters panel discussion: “It is very important that we avoid zloty appreciation. The strong zloty appreciation phenomenon that we have seen over the last two weeks is a phenomenon that I hope will stop”. Again, very strong wording, a very explicit time horizon – underlying that the NBP is getting more and more edgy about the strong zloty. Not that this should be a big surprise – we warned