January 14, 2016 / 7:03 AM / in 2 years

Poland - Factors to Watch Jan 14

Following are news stories, press reports and events to watch that may affect Poland’s financial markets on Thursday. ALL TIMES GMT (Poland: GMT + 1 hour):

RATES

Monetary Policy Council will decide on interest rates. Analysts expect that the main rate will remain at 1.5 percent, its lowest level in a history.

FCL

International Monetary Fund said on Wednesday night that it has cut the Flexible Credit Line (FCL) available for Poland to $17.9 billion from $21.4 billion, as requested by the East European country.

CHILD BENEFIT

Senior official in the prime minister’s office Henryk Kowalczyk told Rzeczpospolita daily that first parents will start to receive 500 zlotys ($124.94) child monthly benefit as of May 1.

SWISS FRANCS

Prime Minister Beata Szydlo told tabloid Fakt, that she sees a need to help Swiss franc-denominated credit holders, but this hep can not lead to financial market’s swings.

KGHM

KGHM said its Canadian unit Ajax’s reserves are estimated to have 1.2 million tonnes of copper.

****Reuters has not verified these stories and does not vouch for their accuracy.****

For other related news, double click on: Polish equities E.Europe equities Polish money Polish debt Eastern Europe All emerging markets Hot stocks Stock markets Market debt news Forex news For real-time index quotes, double click on: Warsaw WIG20 Budapest BUX Prague PX ($1 = 4.0020 zlotys)

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