Citizens of Poland were wise to take out foreign currency mortgages before the financial crisis in 2008.

Question

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Taking out foreign currency mortgages proved to be a risky decision for many citizens of Poland, as the value of the Polish zloty decreased significantly after the financial crisis. This led to a significant increase in monthly mortgage payments for those who had borrowed in foreign currency, causing financial strain for many families.

Citizens of Poland Were Wise to Take Out Foreign Currency