Bloomberg News

Zloty Advances to Snap Three-Day Retreat on Improving U.S. Data

March 15, 2012

The Polish zloty advanced for the first time in four days after reports showed New York-area manufacturing grew and fewer Americans filed jobless claims in a sign the global economy is improving.

The zloty appreciated 0.8 percent to 4.1277 per euro as of 4 p.m. in Warsaw. It was the third-steepest gain among 25 emerging-market currencies tracked by Bloomberg.

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


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