Polish złoty

He's also written a wonderful book on the seven crashes, which he's always alluding to, to see which historical details from the past remind him of things going on now, somewhat alarming, a lot of that.

And he and his wife, Madzena, have just finished a book called on Poland and the economy, on the story of the Zloty, which is tremendously well done and also gives a very good insight into what happened with the Polish gold during the Second World War.

And they're here to answer these fundamental examination questions about the link between whether Kevin Walsh will manage to quell inflation.

It's 3% at the moment, and the Fed is supposed to get it down to 2%.

It's the 5th of October, right? 5th of October.

Crazy Cox or ZL's.

Yes.

Go and check it out.

Dasha, Poland's flash headline CPI for August surprised to the upside on August the thirty-first.

Does this change your view on the Polish zloty to underperform versus the Czech koruna?

Thank you, Abbas.

So the short answer is that it doesn't change my view, but it does make me more cautious.

But I don't think this headline CPI number is enough to change my view that most likely the National Bank of Poland is going to be holding rates for the foreseeable future.

And the other thing to, to keep in mind is also that Poland's rates curve, the market is still pricing hikes.

There's about sixty basis point of hikes priced in over the next twelve months, and if they underdeliver, then that can potentially weigh on the Polish zloty relative to the Czech koruna.

Now, going forward, there's a couple of things that are worth watching.

So there's still time.

And it's open to everyone in Europe, not just to people in the Eurozone, which I appreciated a lot as someone paying for things in Zlotys, unless I'm on holiday.

What have you been enjoying, Dominik?

I've actually been enjoying a Polish TV series.