The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, increased the reference interest rate by 100 basis points (bps) to 4.50 percent on Wednesday, surprising economists who expected half the increase.
Poland's central bank will help strengthen the Polish zloty (PLN) as appreciation of the domestic currency would help curb inflation, Monetary Policy Council (MPC) member Rafał Sura has told PAP.
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