Strong Polish economy earns S&P credit upgrade - by Agnes Lovasz
The "Goldilocks" economy of Poland is luring foreign investors, winning credit-rating upgrades and pushing the currency higher. The zloty rallied strongly Thursday after Standard & Poor's raised its credit rating on the country to A- from BBB+ because of its "strong and balanced growth prospects."
Economic expansion that the government says will be the fastest in a decade, along with one of the lowest inflation rates in the European Union, may add to the zloty's gains.
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