Latest news with #zloty
Bloomberg
3 days ago
- Business
- Bloomberg
Poland's World-Beating Rally Is Facing an Election Reality Check
Revved-up Polish markets will be put to the test this weekend as voters head to the polls in the biggest challenge facing Premier Donald Tusk. Polish assets have been on a blistering surge since Tusk swept to power in late 2023 with a promise to repair relations with the European Union and undo populist policy. Government bonds have returned 27% in the period, the zloty is the best-performing emerging currency after the ruble and Warsaw stocks are up 42% in dollar terms this year alone.
Bloomberg
18-05-2025
- Business
- Bloomberg
Polish Ballot Set to Jolt Zloty as Pro-EU Front-Runner Pressured
A stronger-than-expected showing by opposition populists in the first round of Poland's presidential election will test investor appetite for the country's assets. Front-runner Rafal Trzaskowski narrowly won Sunday's ballot, according to exit polls, which also showed a surge in support for nationalist candidates. This may pile more pressure on the zloty and revved-up Polish stocks, which dropped on Friday as opinion polls showed the centrist's support slipping, undermining the market's expected scenario.
