Polish treasure bonds are at a record high at the moment. Meanwhile, the zloty is at its worst for many years. Such a situiation has not occured for some time - it could be observed for the last time in the beginning of 2011.
The zloty is unable to get back to its strength since the week of Christmas, during which the speculations of some investors caused the domestic currency to weaken significantly. Such a move was possible as during Christmas many financial entities were not present on the market. After the speculative attack, the zloty immediately got to making up for the losses, however, the speculative momentum lost its pace and the Polish currency returned to losses..
Piotr Lonczak, analityk Cinkciarz.pl