Poland's zloty at 2-week low

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Polandzloty1

Warsaw - Poland's zloty fell to a 2-week low on Friday as foreign investors sold the currency because of the risk that revealed tapes embarrassing public officials could trigger snap elections.

“This is political risk visible today,” said a Warsaw-based currency trader at a major bank.

“The news flow from Poland is reaching other countries and there is a slight panic.”

Prime Minister Donald Tusk said on Thursday one option was to call a snap election after the opposition and part of the media accused senior officials of using law enforcement agencies to try to stop a magazine publishing more secret tapes. - Reuters


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