GO
Loading...

Poland c.bank chief says not worried by strong zloty

WARSAW, Oct 3 (Reuters) - Polish central bank head Marek Belka said on Wednesday he was not concerned a strong zloty currency would hurt the economy, after the bank's rate-setting council decided not to bow to pressure for a rate cut.

Belka, speaking at a news conference following the Monetary Policy Council's sitting, said the Council had decided against a rate cut in October because inflation remained high and it wanted to see a November inflation forecast before acting on rates.

(Reporting by Karolina Slowikowska; Writing by Christian Lowe)

((christian.lowe@thomsonreuters.com))

Keywords: POLAND RATES/BELKA