Belka Says Zloty Gains on Confidence in Emerging Markets

The zloty’s rally this year was spurred by growing investors’ confidence in emerging markets, central bank Governor Marek Belka said in Warsaw today.

The European Central Bank’s three-year loans to euro-area banks have “very much helped” Poland’s economy, Belka said at a central bank ceremony honoring participants of the high-school Economics Olympics.

To contact the reporter on this story: Katya Andrusz in Warsaw at kandrusz@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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