Confusion over the zloty exchange rate. Google Poland is translating

Search functions, such as displaying exchange rates, are based on data from external sources, Google Polska said.

According to data from Google, the Polish zloty started the new year with a huge crash. On Monday evening, the euro cost PLN 5.40, the dollar – PLN 4.83 and the Swiss franc – PLN 5.80. The Polish currency was not so weak even after the outbreak of war in Ukraine. No wonder it went viral on social media.

The issue was commented on by the Minister of Finance, Andrzej Domański. “Relax. This zloty rate causing panic is a ‘fake’ (error in the data source). The markets in Asia will open soon and the situation will return to normal,” the politician wrote on the X website on Monday evening.

On Tuesday, the Ministry of Finance officially asked Google Polska to provide information on the reasons for Monday’s false publication on the zloty exchange rate and what actions it will take to prevent similar situations in the future.

Confusion over the zloty exchange rate. There is a response from Google Poland

Google Polska sent the Money.pl portal a message explaining the confusion surrounding Monday’s currency rates on its platform. “Search functions, such as displaying exchange rates, are based on data from external sources. If inaccuracies are reported, we will contact the data providers to correct the errors as quickly as possible,” the report said.

Earlier, the spokesperson for the National Bank of Poland commented on the issue. “Due to the New Year’s unrest over the fictitious PLN exchange rate on the Google platform, we would like to remind you that verified and fully reliable PLN exchange rates are published on the NBP website. The charts presented by Google are not always accurate and reflect reality, and the portal itself is not responsible for its accuracy. “As we can officially read, Google does not verify the public data collected. The current PLN/Euro exchange rate is 4.34. We recommend certain exchange rate details on the NBP website,” it said.

Source: Do Rzeczy

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