Polish Currency Suffers from Instability in Ukraine

Politics ♦ Published: February 28, 2014; 18:26 ♦ (Vindobona)

The Polish Zloty has become weaker because of the political instability in Ukraine.

Polish Currency Suffers from Instability in Ukraine / Picture: © Vindobona.org

As reported by Polish press agency PAP the Polish national currency became weaker during the violent outbreaks in Ukraine while the demand for T-bonds has been increasing.

"The opening is nervous, we are close to local minimum levels," Marcin Bilbin, foreign exchange trader at Pekao bank, told PAP, adding that the political uncertainly in the Ukraine is the most likely cause of…