The Polish zloty touched its weakest level against the euro this week since 2009 but we don’t expect the currency to lose any more ground from here. Meanwhile, Turkey’s President Erdogan took further steps to rip up the Agbal-era at the central bank. The new CBRT governor has pushed back against expectations that monetary loosing is imminent, but past experience suggests that a rate cut at April’s meeting is more likely than not.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services