published false data on the dollar and euro quotations against the zloty. The Ministry of Finance called on the American company to provide explanations on this matter. There have already been several hypotheses regarding the cause of the failure, which could have had very serious consequences.
The Ministry of Finance wants Google to explain the reasons for providing the incorrect PLN exchange rate
The false data was published on January 1. They indicated an increase in the dollar and euro rates against the zloty, which was to amount to as much as 23 percent. The Ministry of Finance informed about the actions the government is taking in this matter.
“officially asked Google Polska for information: about the reasons for yesterday’s false publication regarding the Polish zloty and what actions it will take to avoid similar situations in the future” – reported on the X website.
False exchange rate given by Google is deliberate manipulation? There could also be a hacker attack
As , currently “various scenarios are taken into account” regarding the reasons for providing false data. It was noted that the error could have been the result of a system failure, human error or artificial intelligence. There could also be a hacker attack and intentional manipulation. It noted that this type of incident was capable of “causing panic in the market.”
Minister of Finance Andrzej Domański reacted to the zloty exchange rate provided by Google on the same day when the false data was published. “Don’t worry. This zloty rate that is causing panic is a ‘fake’ (data source error). Markets in Asia will open up soon and the situation will return to normal,” he said.
The minister also cited data from Bloomberg. They showed that on the evening of January 1, the euro cost PLN 4.3421. At that time, Google reported that the euro was worth PLN 5.38
Source: Gazeta
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