Thursday, May 31, 2007

Polish Zloty Gains Versus Euro After First-Quarter Growth Beats Forecasts

(Bloomberg) -- The Polish zloty rose against the euro
on signs economic growth is gathering pace, reinforcing
expectations the central bank will keep raising interest rates.

The Polish economy grew at its fastest pace since 1997 in
the first quarter at 7.4 percent, the Polish statistics office
said today. Growth of 7.3 percent was forecast, according to the
median estimate of 18 economists polled by Bloomberg.


Read more at Bloomberg Currencies News

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