22.02.2013 - Polish Zloty leads emerging-market currencies
The Polish zloty was a top performer among emerging-market currencies Wednesday, spurred by expectations that recent positive data might lead to a central bank less keen on cutting interest rates. The zloty continued to be buoyed by recent economic data that beat expectations. On Tuesday, data showed Polish industrial production rose 0.3% in January, when markets had expected a decline of 3.5%. That, along with lower-than-expected inflation figures late last week, means the central bank might have to ease monetary policy less aggressively than markets had projected, analysts say...........................................Full Article: Source
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