GBP/PLN Price & Performance (GBPPLN)

The Polish zloty has shown mild depreciation against major currencies, with the USD/PLN exchange rate at 3.84 and EUR/PLN at 4.18. Analysts attribute this stability to the Federal Reserve's unchanged interest rates and improving inflation outlook, which continue to strengthen the U.S. dollar.1

The Federal Reserve's decision to maintain interest rates between 4.25% and 4.50% is bolstering the U.S. dollar. This move, coupled with stable inflation expectations, has slightly weakened the Polish zloty, as investors lean toward the dollar as a safe haven in uncertain markets.1

Key economic events on March 20 include Switzerland's interest rate decision, Germany's producer inflation data, and Poland's industrial production figures. These developments are expected to influence the Swiss franc, euro, and Polish zloty, respectively, keeping investors attentive to potential market shifts.1