Date: 2010-09-06 08:31
The 2011 central budget draft stipulates for a 25bps interest rate hike by the end of this year, which would bring the key market intervention rate to 3.75%, according to the Rzeczpospolita daily, which has accessed the document.
The 2011 average rate is seen at 4.1% vs. this year's 3.5%. In 2012-2014, the average interest rate is forecasted at 4.7-4.8%.
At the same time, the finance ministry - which prepared the draft - expects the zloty to strengthen in the next few years . The average EUR/ PLN rate is forecasted at 3.88 in 2010, 3.75 in 2011, 3.65 in 2012 and 3.55 in 2013. The USD/ PLN rate's forecasts are as follows: 2.93, 2.88, 2.80 and 2.73, respectively.
|
tom |
 |
| value | ch.% | ||
| WIG20 | 2364.29 |  | -0.52 |
| mWIG40 | 2421.55 | | -0.80 |
| sWIG80 | 9874.29 | | -0.85 |
| WIG | 41792.46 | | -0.60 |
| NCIndex | 43.01 | | -0.30 |
WIG20 (1 Month)
Indices updated daily at 6PM.
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