The Polish zloty reversed its direction after hitting a 4-week low against its US counterpart in early trading on Thursday. The zloty advanced 1 percent to 2.8769 against the buck by 7:50 am ET from 2.9081 hit around 6:00 am. The greenback-zloty pair is presently quoted at 2.8811, compared to 2.8713 hit late New York Wednesday.

In economic news, the latest government report showed that Poland's industrial output was up 7.4 percent on year in December, while the producer price index climbed 2.1 percent. Meanwhile, the nation's net consumer price index in December grew 2.6 percent on year.

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