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EURSEK Euro vs Swedish Krona

11.6488
0.0127 (0.11%)
Last Updated: 05:50:55
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
  0.0127 0.11% 11.6488 11.6442 11.6534 11.6504 11.64044 11.63678 0 05:50:55

Swedish Krona Drops To 5-day Low Against Euro After Riksbank Decision

04/07/2017 6:03am

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Euro vs SEK (FX:EURSEK)
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The Swedish Krona weakened against the euro in early European deals on Tuesday, after the Riksbank left its repo rate unchanged and maintained the purchase of its bond purchase program.

The Executive Board decided to hold the repo rate unchanged at -0.50 percent. The decision was in line with economists' expectations.

The bank said it will continue the purchase of government bonds in the second half of 2017, so that total asset purchases will amount to SEK 290 billion at the end of the year.

The Swedish Krona fell to a 5-day low of 9.6976 against euro, compared to Monday's closing value of 9.6472. If the Krona extends decline, 9.71 is likely seen as its next support level.

1 Year Euro vs SEK Chart

1 Year Euro vs SEK Chart

1 Month Euro vs SEK Chart

1 Month Euro vs SEK Chart