Sunday, July 15, 2007

Polish Zloty to Advance This Week, According to Bloomberg Currency Survey

(Bloomberg) -- Six out of eight strategists, traders
and analysts surveyed by Bloomberg News on July 13 recommended
buying the Polish zloty against the euro this week.

The zloty gained almost 1.1 percent over the past month on
growing expectations the central bank will raise interest rates
to stem accelerating inflation. Poland's main rate is currently
4.5 percent after quarter-point increases in April and June.


Read more at Bloomberg Currencies News

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