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Polish zloty

Central bank backs retaining Polish zloty

"Resigning our currency in the present conditions would be a huge and costly mistake," Glapiński said. Radek Pietruszka/PAP

Poland's currency is one of the sources of its economic success and giving it up would be a grave mistake, the governor of Poland's central bank said in an interview for Monday's Dziennik Gazeta Prawna newspaper.

Poland to maintain zloty support to stem imported inflation

Polish prime minister Mateusz Morawiecki said the government would continue to support the zloty exchange rate amid rising inflation.

Inflow of Ukrainian currency poses challenge for Poland

Close to 1.5 million Ukrainian refugees have crossed the Polish border escaping the war in their country, creating additional pressure on banks as Ukrainians have rushed to exchange their national currency, the CEO of Poland's largest lender has said.

Poland's central bank says inflation will remain high

Inflation in Poland will stay at record-high levels throughout 2022 amid global supply chain bottlenecks and economic shocks caused by Russia's invasion of Ukraine, the National Bank of Poland's rate-setting body has warned.

Poland's central bank likely to raise interest rates sharply to rescue zloty

Polish interest rates might be increased on Tuesday by at least 50 basis points, with some economists expecting a 75-bps or even a 100-bps hike, as the Polish zloty suffers from unprecedented losses and volatility.

Poland's central bank intervenes on FX market again

The National Bank of Poland resorted to selling foreign currencies on Wednesday after a similar move on Tuesday as the Polish zloty slid to its lowest level against the US dollar in two decades due to the Ukraine war.

Poland's central bank intervenes on FX market to prop up falling zloty

The National Bank of Poland resorted to selling foreign currencies on Tuesday in an emergency move as the Polish zloty slid to its lowest level against the US dollar in two decades over the Ukraine crisis.

Central bank ready to react to excessive zloty fluctuations

Poland’s central bank, the National Bank of Poland (NBP), has said it is ready to intervene to counteract excessing fluctuations in the value of the Polish zloty.

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Culture | History | Life

Priceless painting looted during WWII returned to Poland from Japan

The first war-loss to be repatriated from the Far East, the Madonna with Child painted by the Italian master Alessandro Turchi at the end of the 16th century was stolen by the Germans during the war from the extensive Lubomirski art collection in Przeworsk.

The first report:

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Warsaw’s secret war against Moscow’s spies: Poland’s intelligence services have gone into overdrive to combat Putin’s covert assault

The arrest last week of a ‘dangerous’ spy network in Poland is the latest in the country’s secret war against Russian intelligence since Putin’s troops attacked Ukraine.

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