Polish gov't worried about overvalued currency

POLAND - The Polish government continues to believe that the zloty is overvalued and interest rates too high, Prime Minister Leszek Miller said Wednesday.

"The central bank and the Monetary Policy Council head is familiar with the government position. We believe that the zloty is overvalued, the zloty exchange rate weakens exports, real term interest rates are too high, hindering economic development," the prime minister told a press conference after a sitting of the Cabinet Council PAP news

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