Zloty Climbs on Contrarian Bets Poland May Avoid Cut at Moody’s

  • Bonds, stocks also advance before credit-rating review
  • Bonds underpinned by weaker-than-expected 1Q GDP growth

The zloty and Polish bonds advanced as some investors speculated Moody’s Investors Service will maintain its credit rating for the government on Friday and data showing the slowest economic growth in three years bolstered the case for interest-rate cuts.

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