100 bps Rise! How Have PLN Pairs Reacted? National Bank Of Poland Raised The Interest Rate

Profiting from a Potential Decline: Buying Put Options for a Bearish Outlook on Adobe

National Bank Of Poland has risen interest rate for the fourth time this year as it's trying to fight the inflation caused by many factors. Poland is also influenced by the ongoing Russia-Ukraine conflict. PLN had to be supported by tightening of monetary policy which consisted of many decisions of NBP in the previous months.

USD/PLN Chart - 24 hours

USDPLN Chart

EUR/PLN Chart - 24 hours

EURPLN Chart

Source/Data: TradingView.com

Charts: Courtesy of TradingView.com

Profiting from a Potential Decline: Buying Put Options for a Bearish Outlook on Adobe

Mikołaj Marcinowski

Business Development Manager FXMAG

Journalist, finance passionate