Euro / Polish Zloty (EUR/PLN)
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Euro / Polish Zloty (EUR/PLN) Trading FAQ
The zloty's depreciation comes only hours after the Polish government imposed additional restrictions to combat the pandemic, as the country recorded a record number of new viral cases for the second day in a row. Eastern Europe is currently experiencing the world's greatest pandemic death toll per capita.
The Polish zloty has not lost investors' confidence, it is worth promoting as a reserve currency for other countries, the head of the Warsaw Stock Exchange said on Wednesday .Jan 20, 2564.
New Zloty lows, yet the Polish currency's collapse is predicted to deepen during 2022, with USD/PLN expected to reach 4.32 by year's end, while GBP/PLN is expected to rise to 5.7476.
As you may already know, trading via CFDs (contracts for difference) is one of the most popular approaches when dealing with currencies such as EUR/PLN. While there are numerous Forex brokers out there. Try to find one that suits your needs. Such as FP Markets, a fully regulated broker that offers all types of platforms and accounts, to suit every need.
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