Polish businesses need to earn money by selling their wares.
Not a problem in Poland, as everything is in PLN
(OK ... imported items vary with the exchange rate).
When Polish businesses try to sell abroad, the strength of the zloty is a real problem - suddenly Polish goods look expensive. Of course, it is fantastic news for Polish tourists looking to share Polish-earned wealth in glass shops in Venice, but for the Polish business world a strong zloty sucks.
The zlot looks as if it will stay this strong until February - we might even hit 3.7 against the euro before then, if you believe the analysts.
Not a problem in Poland, as everything is in PLN
(OK ... imported items vary with the exchange rate).
When Polish businesses try to sell abroad, the strength of the zloty is a real problem - suddenly Polish goods look expensive. Of course, it is fantastic news for Polish tourists looking to share Polish-earned wealth in glass shops in Venice, but for the Polish business world a strong zloty sucks.
The zlot looks as if it will stay this strong until February - we might even hit 3.7 against the euro before then, if you believe the analysts.