So, a year ago, zloty's value has spiked against dollar and euro with the exchange rates of 3.20 per EUR and 2.03 per USD (nb, this was considered an anomaly, as zloty at that rate was really overvalued).
Then, there was a negative spike this February, with the exchange rates climbing up to 4.91 per EUR and 3.90 per USD.
This week we have seen USD rate go below the magical number of 3 zlotys, and now the exchange rates are 4.19 per EUR and 2.95 per USD.
Good news. I may start going shopping abroad again. :cool:
Oh and Warsaw stock exchange is back to its levels from September last year. Its main index (WIG) has climbed back from its all time low in February (of 21k points) to 34k points. :bowler:
did it HUF and PUF and blow your Zloty in?
HUF is as good as it was before the whole economic crisis thing set in.
Which is, ironicly, pretty bad for the governing party because their only excuse for continued existence was that "omg we can't call elections in the middle of a huge crisis are you stupid omg".
Their cheap-shot popularity stunts of protecting the people with debts in foreign currencies also seems to be pointless now.
Horrible stuff.
The SEK has gone back up against the pound. Its been near 13 all summer now its near 12 :(
Quote from: Tamas on July 25, 2009, 04:03:51 AM
Their cheap-shot popularity stunts of protecting the people with debts in foreign currencies also seems to be pointless now.
What stunts were those?
Quote from: Admiral Yi on July 25, 2009, 04:05:26 PM
Quote from: Tamas on July 25, 2009, 04:03:51 AM
Their cheap-shot popularity stunts of protecting the people with debts in foreign currencies also seems to be pointless now.
What stunts were those?
Icy Hot.
(https://languish.org/forums/proxy.php?request=http%3A%2F%2Fjustkramer.files.wordpress.com%2F2009%2F06%2F6a00d83420771853ef00e54f455e348833-800wi.jpg&hash=82f8c60e60318c8bb926876e37c7d84d5858efc6)
Well, they are straight ballin, or so they say. I dunno, the guy on the right would probably give it up to Grallon, but not Martinus.
Nobody likes a Russian.
Polish stock exchange indices are highest since October and almost doubled compared to their December levels. The crisis is officially over. :cool:
Quote from: Martinus on July 30, 2009, 11:16:46 AM
Polish stock exchange indices are highest since October and almost doubled compared to their December levels. The crisis is officially over. :cool:
Surely an anti-trust lawyer would realize that the crisis has or had very little to do with stock market valuations. :bleeding:
Quote from: Barrister on July 30, 2009, 12:28:01 PM
Quote from: Martinus on July 30, 2009, 11:16:46 AM
Polish stock exchange indices are highest since October and almost doubled compared to their December levels. The crisis is officially over. :cool:
Surely an anti-trust lawyer would realize that the crisis has or had very little to do with stock market valuations. :bleeding:
Not from a legal/M&A market perspective. Stock prices increases = more investments and more IPOs = more work. :P