Zloty to suffer if the NBP gives the market a dovish signal – Commerzbank Poland InterestRate EURPLN Banks
The Polish central bank meets today. Economists at Commerzbank analyze how the NBP can impact the Zloty .“It is likely that the key rate will remain unchanged at 6.75% today. What will be decisive for the Zloty is whether the dovish majority will decide to declare the end of the rate hike cycle at this stage.”
“If the NBP seems relaxed as regards inflation developments though, thus giving the market a dovish signal, the Zloty is going to suffer, above all against HUF and CZK.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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