• Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions
Saturday, March 6, 2021
No Result
View All Result
ABC Money
PR Fire Press Release Distribution
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
ABC Money
No Result
View All Result
Home News

Polish finance minister sees zloty gaining gradually, food price impact to fade

by Sam Allcock
26/06/2017

WARSAW (Thomson Financial) – Poland’s finance ministry expects the zloty to continue to appreciate steadily on the back of inflows of EU funds and money sent home by Poles working abroad, Finance Minister Zyta Gilowska said today.

‘The ministry for a long time has assumed a gradual appreciation of the zloty,’ she told a briefing in Warsaw.

‘Poland is receiving funds from the European Union and Poles working abroad are also sending money to their families at home. We estimate that this capital reached 5 bln eur last year and most of that money was spent on buying homes here.’

She also moved to play down concerns over a jump in headline annual inflation in September, which bolstered market expectations of a further rise in Polish interest rates this year.

The impact of a rise in food prices in recent months, highlighted by the ministry as behind September’s jump, was likely to prove temporary, she said.

‘We know about the problems that the Baltic Republics had with inflation, Poland doesn’t have such problems,’ she said. ‘Higher food prices in our opinion will have a temporary impact (on inflation).’

piotr.skolimowski@thomson.com *48 22 447 2430

pjg/sal

RelatedPosts

National Governments Keen to Use Blockchain Technology

5 Helpful Tips to Secure Good Marks in CBSE Class 8 Maths

Santander Loses 8771 Million In 2020 After Accounting Adjustment

Ford Lost $ 1.276 Million In 2020 To Covid-19

Load More

COPYRIGHT

Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

Tags: financeinflationmoney
Previous Post

Nordex wins 104 mln eur wind farm deal from ERG

Next Post

Ohio: Unbid contract raises questions

Related Posts

National Governments Keen to Use Blockchain Technology
Finance

National Governments Keen to Use Blockchain Technology

05/03/2021
5 Helpful Tips to Secure Good Marks in CBSE Class 8 Maths
News

5 Helpful Tips to Secure Good Marks in CBSE Class 8 Maths

25/02/2021
Santander Loses 8771 Million In 2020 After Accounting Adjustment
News

Santander Loses 8771 Million In 2020 After Accounting Adjustment

09/02/2021
Next Post

Ohio: Unbid contract raises questions

ITER fusion project to set up oversight group this month- China science minister

China banks allowed to meet reserve requirement with US dollar holdings - report

Latest News

Some Important Things to Consider While Buying TV Covers Online

Some Important Things to Consider While Buying TV Covers Online

05/03/2021
5 online side hustles that could boost your income in 2021

5 online side hustles that could boost your income in 2021

05/03/2021
4 Things to know about a luggage storage business

4 Things to know about a luggage storage business

05/03/2021
Impressive Hair Dryers Detailed Guide To Make Your Life Simpler

Impressive Hair Dryers Detailed Guide To Make Your Life Simpler

05/03/2021
How to Accessorise For Your Zoom Meetings

How to Accessorise For Your Zoom Meetings

05/03/2021
National Governments Keen to Use Blockchain Technology

National Governments Keen to Use Blockchain Technology

05/03/2021

Social

Contact

For editorial enquiries:

editorials@abcmoney.co.uk

For advertising enquiries:

advertise@abcmoney.co.uk

Top Topics

  • News
  • Business
  • Finance
  • Property
  • Technology
  • Investment

Guides

  • Best UK Bridging Loans
  • Best UK Secured Loans
  • Best UK Commercial Mortgages
  • Best UK Business Loans
  • Best UK Payday Loans
  • Best Sites for International Money Transfers
  • Best Press Release Distribution Service

Social

  • Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions

© 2020 ABC Money

No Result
View All Result
  • Write for us
  • Contact
  • About Us
    • Authors
  • News Desk
    • Business
    • Finance
    • Property
    • Technology
    • Investment

© 2020 ABC Money

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.