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Poland

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A widening current account gap gives the Council a reason to sound dovish, but the złoty isn't pricing itcorno.fulgur75 · CC BY 2.0 (edited)
NBP / RPP

A widening current account gap gives the Council a reason to sound dovish, but the złoty isn't pricing it

Poland's exports fell 1.6% in May and the current account deficit widened to 0.9% of GDP ahead of the 8 July rate decision, yet EUR/PLN sits flat near 4.29 and WIG20 is pushing at 3700, a split the Council will have to address.

7 July