Zloty Slides to Two-Week Low as Yields Rise on China Concern
The Polish zloty extended its losing streak to a third day and hit a two-week low after data showed China’s manufacturing may contract for a fifth month.
The zloty retreated 0.6 percent to 4.1688 per euro as of 9:40 a.m. in Warsaw. The yields on 10-year bonds rose 2 basis points to 5.56 percent, the third day of increases.
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