ING Strategist Predicts NBP Rate Hikes Delay and Higher EUR/PLN Range

ING's Frantisek Taborsky expects the Polish central bank to delay rate hikes until early 2027 and sees the EUR/PLN exchange rate rising to 4.380–4.400, according to FX Street.

ING strategist Frantisek Taborsky anticipates that the National Bank of Poland (NBP) will postpone any interest rate increases until early 2027, according to FX Street. This suggests a more cautious approach to monetary policy from the Polish central bank in the coming years.

Taborsky also forecasts that the EUR/PLN exchange rate will adjust to a higher trading range between 4.380 and 4.400, signaling potential weakening of the Polish zloty against the euro. These expectations reflect changing dynamics in the foreign exchange market influenced by Poland's monetary stance.

For Japanese investors and traders, understanding shifts in Central European currencies like the zloty is increasingly relevant due to growing FX and equity exposure in emerging European markets, impacting cross-border investment strategies.

#newsroom

By Sama Kane

Tokyo Overnight

Japan markets, decoded. Get the brief in your inbox.

No spam. Unsubscribe anytime.