Polish stocks and the zloty currency dropped as investors used the Eastern European country’s assets as a proxy for escalating risk in the region as Russia widened its scope for using nuclear weapons.
Warsaw’s WIG20 index plunged as much as 3.5%, the biggest drop among key global equity indexes on Tuesday and its largest one-day drop since a global selloff on Aug. 5. The zloty traded 0.5% weaker against the euro, the worst performance among more than 20 emerging-market currencies.
Visited 1 times, 1 visit(s) today
