Bolstering the bull case for the zloty and Poland ETFs is the country’s recently posted current account surplus. It is widening account deficits that have plagued the rupee, rupiah along with India and Indonesia ETFs.

“With euro-zone economic data proving upbeat, and no huge gaps in current accounts, Eastern European currencies such as the Polish zloty and even the often-maligned Hungarian forint are comparatively dull,” relative to other emerging markets currencies, according to the Journal.

Market Vectors Poland ETF

ETF Trends editorial team contributed to this post.