Zloty to Gain on Strong Economy, Radziwill Tells PAP

(Corrects second paragraph to show that 55 percent limit applies to public debt.)

The zloty will have a “tendency to gain” due to the strength of Poland’s economy, Deputy Finance Minister Dominik Radziwill was quoted today as saying by PAP Newswire.

There is only a “negligible” chance that public debt will exceed a legal limit set at 55 percent of gross domestic product this year, even with the recent weakening of the zloty, Radziwill told reporters during a session of parliament in Warsaw, according to PAP.

To contact the editor responsible for this story: David McQuaid at dmcquaid1@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.