The Indonesian government has come under fire after it was revealed that it had made a payment to a Polish company in zlotys, rather than in rupiah. This has led to speculation that the payment was in fact a bribe, as the zloty is a much weaker currency than the rupiah.
The payment, which was made in March of this year, was for the construction of a new toll road in Indonesia. The contractor, Pol-E-Mot, is a Polish company that has been involved in a number of infrastructure projects in Indonesia.
Pol-E-Mot has denied any wrongdoing, and has said that the payment was made in zlotys because of a currency swap agreement that was in place between the two countries. However, many people in Indonesia are not convinced, and believe that the payment was in fact a bribe.
This is not the first time that allegations of bribery have been made against the Indonesian government. In fact, the country has a long history of corruption, and is often ranked as one of the most corrupt countries in the world.
The Indonesian government has denied any wrongdoing, and has said that it will investigate the payment. However, many people are sceptical, and believe that the government will not be able to properly investigate the matter.
Is Polish zloty still in use?
Polish zloty is the name of the currency of Poland. The word “zloty” comes from the word “zloto” which means “gold”. The zloty is made up of 100 groszy.
The zloty was introduced in Poland in 1994, replacing the previous currency, the Polish mark. The zloty was pegged to the German mark until the euro was introduced in 2002, when it was pegged to the euro.
The zloty is currently the fourth most traded currency in the world, after the US dollar, the euro, and the yen. It is also the most traded emerging market currency.
The value of the zloty has been declining in recent years, and it is currently worth about 0.24 US dollars.
Where is best for Polish zloty?
The Polish zloty (PLN) is the official currency of Poland. It is subdivided into 100 groszy (pennies). The zloty is issued by the National Bank of Poland.
The value of the zloty has been relatively stable against the euro and the US dollar in recent years. However, it has been subject to some volatility in the past.
There are a number of factors that can affect the value of the zloty, including economic and political conditions in Poland and in other countries, as well as global factors such as commodity prices and interest rates.
So where is the best place to exchange your currency into zloty?
There is no definitive answer, as the value of the zloty can vary from day to day. However, some of the best places to exchange your currency into zloty include banks, bureaux de change and online exchanges.
When exchanging money, it is important to compare the exchange rates offered by different providers to ensure you get the best deal.
It is also important to be aware of the fees and commissions that may be charged by the provider.
Finally, be sure to have a valid passport or identity card with you, as you may be required to show it when exchanging currency.
What is Polish money called?
Polish money is called zloty. The plural form of zloty is zlotych. The currency is divided into 100 groszy.
What is the currency of Poland 2022?
The currency of Poland in 2022 will be the Polish zloty. The zloty is divided into 100 groszy, and there are currently about 4.2 zloty to the U.S. dollar. The Polish zloty has been the official currency of Poland since 1994, when it replaced the Polish mark.
How much is a cup of coffee in Poland?
How much is a cup of coffee in Poland?
The price of a cup of coffee in Poland varies depending on the location, but generally, it costs around 5-10 zloty, which is equivalent to 1.10-2.20 USD.
There are many different coffee shops in Poland, and the prices of coffee can vary greatly between them. However, most coffee shops offer a small cup of coffee for around 5-7 zloty, while a large cup costs around 10-12 zloty.
Some cafes also offer a discount if you purchase a coffee and a pastry together.
Why do Poland not use the euro?
Since 2004, Poland has been a member of the European Union. However, it has not adopted the euro as its currency. There are a few reasons for this.
First, the Polish economy is doing relatively well compared to some of the other countries in the eurozone. The Polish zloty has been strong compared to the euro, and many Poles are worried that adopting the euro would cause the value of the zloty to decline.
Second, the Polish government is concerned about losing control over monetary policy. The Polish Central Bank is able to set interest rates and control the money supply, and the Polish government is worried that this would be lost if the country adopted the euro.
Finally, there is a lot of public opposition to adopting the euro. Many Poles are worried about the potential for price increases and about giving up the zloty.
Despite these concerns, there is pressure to adopt the euro. The Polish government has been discussing the possibility of adopting the euro for several years, and it is likely that this will eventually happen. However, it is not clear when this will happen, and the Polish government is not yet committed to any specific timeline.
Why don t Poland use the euro?
Since joining the European Union in 2004, Poland has been one of the most vocal opponents of adopting the euro as its official currency. And for good reason – despite being one of the bloc’s largest economies, Poland has fared much better than other countries that have adopted the euro, such as Greece and Spain.
When it comes to the economy, there are a number of reasons why Poland has been hesitant to adopt the euro. For one, the Polish zloty has been more stable than the euro, which has been plagued by financial crises in recent years. Additionally, the Polish economy is growing faster than the economies of most eurozone countries, and adopting the euro would likely mean a slowdown in economic growth.
Politically, there are also a number of reasons why Poland has been unwilling to adopt the euro. Many Poles are opposed to giving up control of their currency, and see the euro as a symbol of European Union imperialism. Additionally, the euro has been seen as a tool of German domination of the eurozone, and many Poles are opposed to becoming too closely linked to Germany.
Ultimately, it appears that Poland will not be adopting the euro anytime soon. The Polish government has been vocal in its opposition to adopting the currency, and there is little political will to change course. Additionally, the Polish economy is doing well enough that there is no real pressure to adopt the euro. So for the foreseeable future, the Polish zloty will continue to be the official currency of Poland.