Zloty Weakest to 29-Month Low Versus Euro, Drops to Swiss Franc

The Polish zloty slid to a 29-month low against the euro and fell to the weakest since September versus the Swiss franc as Standard & Poor’s cut the credit ratings of some of the world’s largest banks.

The zloty lost 0.5 percent to 4.5568 per euro as of 9:01 a.m. in Warsaw, the lowest intraday level since June 2009. It declined 0.5 percent to 3.7132 against the Swiss franc, its eighth day of losses.

To contact the reporter on this story: Piotr Skolimowski in Warsaw at pskolimowski@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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