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EURSEK Euro vs Swedish Krona

11.42452
-0.0458 (-0.40%)
Last Updated: 13:16:41
Delayed by 15 minutes
Name Symbol Market Type
Euro vs Swedish Krona FX:EURSEK Forex Exchange Rate
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.0458 -0.40% 11.42452 11.4234 11.42563 11.47942 11.4109 11.47213 0 13:16:41

Swedish Krona Declines To Near 3-week Low Vs Euro After Riksbank Minutes

21/09/2016 6:45am

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Euro vs SEK (FX:EURSEK)
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The Swedish Krona drifted lower against the euro in European deals on Wednesday, after the Sweden Central Bank said that the bank is ready to expand monetary policy if needed to safeguard the inflation target.

According to the minutes of the rate-setting meeting held in September, the executive board unanimously voted to hold the repo rate at -0.50 percent and to continue to purchase government bonds in the second half of 2016 in line with the decision in April.

The Executive Board considers it appropriate to raise the repo rate slowly during the second half of 2017.

The Krona fell to nearly 3-week low of 9.5935 against the euro, compared to Tuesday's closing value of 9.5876. The Krona may find support around the 9.7 mark.

1 Year Euro vs SEK Chart

1 Year Euro vs SEK Chart

1 Month Euro vs SEK Chart

1 Month Euro vs SEK Chart