Poland eases repayment terms for forex mortgage borrowers.

By bne IntelliNews August 10, 2011
Poland's president Bronislaw Komorowski endorsed a new law, allowing individuals with mortgage loans in a foreign currency to buy the currency for the repayment installments outside the lender, thus allowing them to get more favorable rates, the Polish public radio reported. The adoption of the law was driven by the soaring Swiss franc against the Polish zloty - the frequency in which most mortgage loans are being taken.

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