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Poland's problem with the Swiss franc

February 3, 2015

It has been a volatile few weeks for the Swiss franc after the central bank abandoned its cap on the currency against the euro.

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Polen Warschau Stadtansicht Skyline
Image: Fotolia/bzyxx

The result has been a soaring franc against other major currencies. That poses a real problem for thousands of Poles who have taken out home mortgages based on the Swiss currency, but are paying back in zloty.