The euro costs over PLN 5.40 and the exchange rate is still rising. Meanwhile, the dollar is approaching PLN 5. Are we facing currency armaggeddon? Is the Polish currency sinking? Nothing could be further from the truth. The culprit is the Google search engine, which on Monday, January 1, presents incorrect data on the zloty exchange rate.
Incorrect data on the zloty exchange rate Google
Incorrect data on the zloty exchange rate Google
Reason? Google “downloads” current information about the Polish currency. Theoretically, such data should also be available in the search engine on Monday, January 1, 2024. At least that’s what the Google algorithm that collects this data assumed.
But they missed. And they missed it, because January 1 is a day off from work, and on such days the NBP exchange rate tables are not updated. The bank’s website still shows exchange rates from the time of the last update, i.e. December 29, 2023. The new table will be published on Tuesday, January 2.
According to both current Bloomberg data and bank data, the PLN exchange rate against major currencies remains stable. According to the information published by the Revolut platform on Monday evening, the euro costs approximately PLN 4.32 and the dollar – approximately PLN 3.92.
Euro for PLN 5? The Minister of Finance reassures
The head of the Ministry of Finance himself decided to speak on the crashing exchange rate of the Polish zloty on Monday evening.
Relax. This zloty exchange rate, which is causing panic, is a fake (data source error). In a moment, the markets in Asia will open and the situation will return to normal. The situation looks like this on Bloomberg?
– Andrzej Domański wrote on social media.
Source: Gazeta
Mabel is a talented author and journalist with a passion for all things technology. As an experienced writer for the 247 News Agency, she has established a reputation for her in-depth reporting and expert analysis on the latest developments in the tech industry.
