POLAND'S GOLD RESERVES The National Bank of Poland increased its gold reserves by 15 tonnes in April, the biggest monthly increase since 2019. Poland's gold reserves now amount to 243.5 tonnes, Gazeta Polska Codziennie reports.
COMMERCIAL BANKS
Almost all banks that have published first quarter results
reported lower or only marginally higher interest margins
compared to the last months of the 2022. That may imply a change
of trend as interest margins have been continuously rising since
late 2021, Rzeczpospolita daily reports.
ZLOTY EXCHANGE RATE
Polish zloty is at a strongest level to the euro since May-June of 2022 amid support from improving trade balance and direct investments, Dziennik Gazeta Prawna reports.
****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****
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