Dollar more expensive than euro? Even up to 4.50 PLN

Mar 20, 2015 5:11 PM|Conotoxia.com

Author: biznes.interia.pl
Address: http://biznes.interia.pl/waluty/news/dolar-drozszy-niz-euro-moze-kosztowac-nawet-450-zl
Published: 18.03.2015

It should be today that the American authority announce the end to over a six-year-long period of zero per cent interest rates. This would be the biggest decision in years. How will this affect the dollar’s value? Most of the investment banks say its value should get to the same level as the euro. Or even higher - explained Marcin Lipka, Cinkciarz.pl analyst.

The zloty is a slave to global movements. Additionally, the Polish currency is to a great extent connected to the euro. If the euro loses significantly against the dollar, there’s practically no chance for the zloty to gain against the dollar at the same time. Thus, it’s easiest to predict the zloty quotations by estimating the movements of EUR/USD in the forthcoming months.

PDF Download (48.3 kB)

Mar 20, 2015 5:11 PM|Conotoxia.com

See also:

Mar 10, 2015 11:38 AM

Currencies: Franc at 2 PLN? Quite possible

Feb 27, 2015 6:01 PM

Cinkciarz.pl keeps on hiring and looks for workers... in pubs

Feb 20, 2015 10:48 AM

Currencies: SNB President comforts the franc debtors

Feb 17, 2015 1:53 PM

Leadership is priority - Cinkciarz.pl's Executive Vice Officer on the currencies online

Feb 13, 2015 4:55 PM

Good news for the CHF debtors. The franc will be cheaper

Feb 6, 2015 10:44 AM

When is franc going to stabilize?

Attractive exchange rates of 27 currencies