Exchange rate and inflation in Poland. The impact of foreign exchange loans

Posted on: Last updated on: Written by:

Marcin Pieńkowski

DOI: 10.21858/msr.23.04

Vol. no: 23

Return to issue

Return to editions list

It has been widely believed that the exchange rate depreciation of local currency results in an increase of domestic inflation. This notion is based on the assumption that depreciation of local currency will give the economy’s competiveness a boost in international trade which in turn will increase overall demand and inflation. Additionally, some prices set on the international market will increase directly in terms of local currency after such a depreciation.

Marcin Pieńkowski — Exchange rate and inflation in Poland. The impact of foreign exchange loansPobierz
PDF Button
Cookie filesWe use cookies to help personalize content, customize and analyze advertising, and to ensure a safe user experience. By using the site, you consent to our collection of information. You can find details in the PrivacyPolicy