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Polish finmin says fixing zloty to CHF would be "disastrous"
January 22, 2015 / 12:04 PM / 3 years ago

Polish finmin says fixing zloty to CHF would be "disastrous"

DAVOS, Jan 22 (Reuters) - Fixing the zloty to the Swiss franc at, for example, the Swiss currency’s December level would have a “disastrous impact” for many years, Polish Finance Minister Mateusz Szczurek said on Thursday.

The Polish Banks’ Association head said earlier this week some banks were working a proposal to freeze Swiss franc-denominated mortgage installments at the franc’s December rate.

Szczurek said he did not mind a weaker zloty against the euro at the moment. (Reporting by Noah Barkin; Writing by Marcin Goclowski)

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