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The Warsaw Voice » Business » July 15, 2016
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Polish zloty likely to strengthen against Swiss franc
July 15, 2016   
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CHF/PLN is likely to decline in the near future as diminished concerns about the state of the global economy, monetary policies and Brexit should divert investors' interest away from safe assets, such as the Swiss franc, Akcenta analyst Miroslav Novak said.

The Swiss currency could strengthen, however, if crisis in the European banking sector hit stronger. Novak considers the first scenario as more probable, though.

Also Ebury analyst Matthew Ryan does not expect the Swiss franc to appreciate substantially to the Polish zloty this year as the Swiss central bank is expected to intervene both verbally and formally to a potential spike in CHF/EUR rate.
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