The zloty strengthens after the decision of Donald Trump


Donald Trump does not cease to surprise, and his decisions shake markets in the world every now and then. Today it is no different, which is clearly visible from the reaction on the currency market.
In response to the entry published on the TruthSocial Social Platform, The Polish zloty began to gain, and the a valuation of the American dollar dropped from 3.89 to 3.86 PLN.
The situation is similar in relation to the euro. In this case, we recorded a decrease from 4.28 to 4.23 PLN.
US President Donald Trump announced today in the entry on the TruthSocial social platform that on the one hand he would raise duties imposed on goods from China to 125 %, and on the other, that he ordered a 90-day break in the use of increased duties for other countries. At this time, customs are to be 10 percent.
In response to this decision, the American stock exchanges fired up. At 20:10 Polish time, which is about an hour after Donald Trump published his entry, American indexes grew like yeast. Dow Jones Industrial records a jump by 6.82 percent, S&P 500 gains 7.77 percent, and the most variable NASDAQ index has increased its value by as much as 9.88 percent.




