Monday, the Polish zloty rallied against the US dollar after the report showing Poland's Manufacturing output grew for the fifth consecutive month in December and reached its highest since March 2008. The zloty surged to a 3-week high of 2.8245 against the greenback before slightly reversing its course around 6:30 am ET. The dollar-zloty pair is presently quoted at 2.8498.

Poland's manufacturing sector remained unchanged in December, the Markit Economics said today. The HSBC Manufacturing Purchasing Managers' Index stood at a seasonally adjusted 52.4 in December, unchanged from the previous month. A reading above 50 indicates expansion, while below 50 suggests contraction.

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