The Polish central said it could intervene to boost the zloty after Russia’s war in Ukraine sent the zloty reeling. The currency’s deprecation “observed in recent days is not consistent with the fundamentals of the Polish economy, nor with the direction of the central bank’s monetary policy,” the National Bank of Poland said in a statement on Tuesday. Earlier in the day, the zloty hit its weakest level against the euro since 2009. Hungary said on Tuesday it could intervene to boost the forint. Both currencies pared declines. The zloty was trading 0.7% weaker at 4.7333 per euro at 4:30 p.m. The announcement is the ... (full story)