Zloty Falls as Poland Considers Entering Eurozone

Poland is again considering shifting from the zloty to the euro as the crisis in Ukraine makes Polish politicians and people nervous. The zloty declined today.
The country was delaying its entrance to the eurozone, but the current conflict between Russia and Ukraine may change this stance, at least according to the opinion of National Bank of Poland Governor Marek Belka. Prime Minister Donald Tusk downplayed such speculations, calling the talks “premature”. The zloty still declined as a result of such talks, but remains relatively strong thanks to the good economic state of Poland.
USD/PLN rose from 3.0144 to 3.0172 as of 12:40 GMT today, jumping as high as 3.0217 intraday.

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