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Polish zloty weakens as Fed hawkish signals and rising oil prices weigh
๐Ÿ“ˆ Business

Polish zloty weakens as Fed hawkish signals and rising oil prices weigh

The Polish zloty came under continued pressure on the last morning of August, with the dollar and euro holding near multi-week highs. Hawkish remarks by the Fed chair at Jackson Hole and renewed Middle East tensions pushing oil prices higher weighed on the currency. Markets were also awaiting Poland's CPI inflation reading.

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