Poland's Zloty Surges, Overtaking the Dollar

The Polish zloty has emerged as the top-performing currency, rising 2.4% against the US dollar, and the WIG20 stock index gained nearly 3% following national elections that put a pro-European coalition in power. The shift in political leadership is expected to unlock EU funding and investment opportunities for Poland, potentially leading to the dismantling of previous reforms and improved relations with European partners. This has attracted investors to the country, defying the global markets sell-off and boosting the Polish currency and stock market.