Analysts see zloty rising in value

18th December 2009

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Three reports released this week predict the zloty will gain in value during 2010 and in the years that lead up to Poland's adopting the Euro.

This week Morgan Stanley released the most recent of these reports, saying that the Polish zloty would be the best currency investment in the region. The investment bank predicted a rise of 12 percent in relation to the Czech crown.

This followed a similar prognosis from Danske Bank last week. Analysts in both cases pointed to Poland's higher interest rates and stronger economy as factors that would spur the zloty's rise over the next year.

According to a third report published in Rzeczpospolita, the zloty is likely to reach an exchange rate of ...

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