News Headline Summary

Polish Base Rate Announcement (Jan 9) M/M 4.00% vs. Exp. 4.00% (Prev. 4.25%)

Update details:

- This move was expected amongst players in the markets as the Polish GDP slowed sharply to 1.4% on year in the third quarter from 2.3% in the second.

Reaction details:

- EUR/PLN moved 28pips lower as this cut was largely priced in by the markets.

Print 12:25, 09 Jan 2013 - Other Central Banks - Source: Newswires