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Haitong Bank: PLN will drop in 2016

Kamil Stolarski gave an exclusive video interview published on Polish website bankier.pl, in which he commented on perspectives for Polish Zloty in 2016

Kamil Stolarski, Haitong Bank’s analyst, predicts that the value of the Polish Zloty will drop and inflation will go up in 2016. The Monetary Policy Council will cut level of the interest rates by 0.5 percentage points at the beginning of the year. According to Mr. Stolarski Polish Government will not try to bolster national currency, because of a conviction that low value of Zloty will support Polish export.

Video is available here (bankier.pl, only in Polish)