Politics overshadows economics for zloty

Poland’s currency is currently undervalued by as much as 7%, according to Michal Dybula, central emerging European economist at BNP Paribas in Warsaw, and the euro/zloty is trading around 4.89. This is despite economic fundamentals pointing towards a period of appreciation -- the government has begun cutting the budget deficit, there are increasing inflows of foreign direct investment, and there is accelerating productivity growth.

"The current political problems in Poland are the sole cause of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: