Bloomberg News

Polish Zloty Strengthens for Second Day on Chinese Growth Pledge

May 21, 2012

The Polish zloty strengthened for a second day against the euro after China’s pledge to boost growth offset concern over the future of the euro area, increasing investor demand for assets regarded as riskier.

The zloty appreciated 0.3 percent to 4.3328 per euro as of 9:55 a.m. in Warsaw, adding to a 0.1 percent gain in the previous session.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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