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Focus Turns to NBP Statement in 20 Minutes

POLAND

As expected, not much detail in the Poland release so we await the release of the policy statement in 20 mins time.

  • At May's statement the bank reiterated that they will intervene on FX if required and are likely to point out that stronger PLN will help curb inflationary pressures.
  • More attention likely paid to the appearance of Glapinski tomorrow (due at 1400BST/0900ET) and the release of the minutes on Friday.

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