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| Name | Symbol | Market | Type |
|---|---|---|---|
| United States Dollar vs Swedish Krona | FX:USDSEK | Forex | Exchange Rate |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0376 | -0.34% | 10.93861 | 10.93725 | 10.93996 | 11.01129 | 10.88671 | 10.97543 | 0 | 19:43:33 |
From Apr 2019 to Apr 2024
The Swedish Krona lost ground against the U.S. dollar in early European deals on Thursday, as Sweden's central bank left its key rate unchanged, while extending the purchases of government bonds and delaying its expected timing for an interest rate hike until mid-2018.
The Executive Board of the Sveriges Riksbank held the repo rate steady at -0.50 percent, in line with economists' expectations.
The repo rate is now not expected to be raised until mid-2018, which is a quarter longer than was assumed in February, the bank said.
The Swedish Krona weakened to a 2-day low of 8.8109 versus the greenback, from a high of 8.7473 hit at 3:15 am ET. The Swedish Krona is likely to locate support around the 8.84 region.
1 Year US Dollar vs SEK Chart |
1 Month US Dollar vs SEK Chart |
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