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Poland: Volatility on Financial Market Decreased
The volatility on the currency market decreased in March.
The Polish Zloty became more stable in the past month. / Picture: © Vindobona.org
The Polish Zloty has become more stable against the Euro. In March the volatility of the Polish national currency has decreased compared to February as the Exchange Rate Volatility (ERV) indicator dropped from 4.6 percent to 4.0, as announced by the Finance Ministry in its March Euro convergence monitor.
In the first quarter, the ERV index increased to 4.6, up from 4.1, according…
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