(Bloomberg) -- The Polish zloty is set for a third
week of declines as investors turn more risk averse on concerns
about the pace of a rally in China's stocks and political tensions
with the army in Turkey.
The zloty was the fourth worst-performer against the euro of
71 currencies monitored by Bloomberg in the past five days.
Investor sentiment toward emerging markets also soured after
Federal Reserve Chairman Alan Greenspan said on May 23 that
Chinese equities might undergo a ``dramatic contraction.''
Read more at Bloomberg Currencies News
week of declines as investors turn more risk averse on concerns
about the pace of a rally in China's stocks and political tensions
with the army in Turkey.
The zloty was the fourth worst-performer against the euro of
71 currencies monitored by Bloomberg in the past five days.
Investor sentiment toward emerging markets also soured after
Federal Reserve Chairman Alan Greenspan said on May 23 that
Chinese equities might undergo a ``dramatic contraction.''
Read more at Bloomberg Currencies News
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