IMF says zloty interventions OK to help reserves

The International Monetary Fund (IMF) on Wednesday said Poland's central bank could consider foreign exchange intervention to maintain the ratio of foreign reserves to hard currency liabilities.

"Currently, reserves are at a comfortable level relative to imports and short-term debt, but these ratios will fall in the absence of intervention," the IMF said in a statement.

"To the extent that markets take comfort from these ratios, the NBP may wish at some stage to prevent a sustained decline by s

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