Pricey Swiss mortgages add to Brexit battering of Poland's zloty
Thu, Jun 23, 2016 - 5:50 AM
If market volatility unleashed in the event of an "out" vote in the UK sends the Swiss franc soaring while causing the zloty to crash, further government action on the mortgage issue is likely.
THE US$36 billion of Swiss-franc mortgages owed by Poles is giving investors another reason to avoid a country they already see as among the most at risk if the UK votes to leave the European Union on Thursday.
While a weekend poll showed the "Remain" camp pulling ahead,...