Zloty - too expensive

Polish businesses need to earn money by selling their wares.
Not a problem in Poland, as everything is in PLN
(OK ... imported items vary with the exchange rate).

When Polish businesses try to sell abroad, the strength of the zloty is a real problem - suddenly Polish goods look expensive. Of course, it is fantastic news for Polish tourists looking to share Polish-earned wealth in glass shops in Venice, but for the Polish business world a strong zloty sucks.

The zlot looks as if it will stay this strong until February - we might even hit 3.7 against the euro before then, if you believe the analysts.

	Varsovian
	Dec 4, 06, 05:15 #1 Polish businesses need to earn money by selling their wares. Not a problem in Poland, as everything is in PLN (OK ... imported items vary with the exchange rate). When Polish businesses try to sell abroad, the strength of the zloty is a real problem - suddenly Polish goods look expensive. Of course, it is fantastic news for Polish tourists looking to share Polish-earned wealth in glass shops in Venice, but for the Polish business world a strong zloty sucks. The zlot looks as if it will stay this strong until February - we might even hit 3.7 against the euro before then, if you believe the analysts.	Member Posts: 133 Joined: Nov 23, 06
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	hello [Guest]
	Dec 4, 06, 10:52 #2 Fully agree. The Polish government is trying to increase the value of Zl so that the debt of Poland "appears" lower than it truly is. In additiona, when Poland officially starts using Euros, that will be a disaster for an average Pole.	Guest
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