Bloomberg News

Zloty Weakest to 29-Month Low Versus Euro, Drops to Swiss Franc

November 30, 2011

Nov. 30 (Bloomberg) -- The Polish zloty slid to a 29-month low against the euro and fell to the weakest since September versus the Swiss franc as Standard & Poor’s cut the credit ratings of some of the world’s largest banks.

The zloty lost 0.5 percent to 4.5568 per euro as of 9:01 a.m. in Warsaw, the lowest intraday level since June 2009. It declined 0.5 percent to 3.7132 against the Swiss franc, its eighth day of losses.

--Editors: Linda Shen, Peter Branton

-0- Nov/30/2011 08:08 GMT

To contact the reporter on this story: Piotr Skolimowski in Warsaw at pskolimowski@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net -0- Nov/30/2011 08:04 GMT


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