Commodity market report

Poland exchange rate outlook Q1 2015

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Report summary

Since April 2014, the zloty has depreciated 19% against the USD due to the lowering of interest rates by the central bank, the end of quantitative easing in the US, and the perceived risk of mortgage debt in the wake of the Swiss National Bank abandoning its policy of capping the Swiss franc against the euro. We forecast the zloty to continue to depreciate against the US dollar through the first half of this year before the zloty begins to recover some value.

What's included

This report contains

  • Document

    Exchange Rate Forecast Q1 2015.xls

    XLS 116.00 KB

  • Document

    Poland exchange rate outlook Q1 2015

    PDF 328.66 KB

  • Document

    Poland exchange rate outlook Q1 2015

    ZIP 376.62 KB

  • Document

    Executive summary

    PDF 168.77 KB

Table of contents

  • Executive summary

Tables and charts

This report includes 7 images and tables including:


  • PLN per USD: Nominal Exchange Rate
  • PLN Real Trade Weighted Exchange Rate Index
  • Poland Quarterly Current Account
  • Inflation
  • Official Policy Interest Rates
  • 10 Year Government Bond Yields


  • Exchange rate forecasts

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