Zloty seen stable at 4.25–4.35 per euro, but Middle East escalation could push it above 4.40

Monika Kurtek, chief economist at Bank Pocztowy, forecasts that the zloty will remain in the 4.25–4.35 range against the euro over the next quarter. However, an escalation of the Persian Gulf conflict combined with a hawkish Federal Reserve stance could push the exchange rate above 4.40 zloty per euro.