USDSEK United States Dollar vs Swedish Krona

10.89862

0.0848 (0.78%)

Last Updated: 18:00:24

Delayed by 15 minutes

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
	0.0848	0.78%	10.89862	10.89696	10.90027	10.90834	10.80112	10.82363	0	18:00:24

Swedish Krona Off Early 8-day Low Against U.S. Dollar After Riksbank Decision

06/07/2016 5:05am

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The Swedish Krona erased its early losses against the U.S. dollar in early European deals, and climbed after Sweden's central bank kept its negative interest rate unchanged.

The Executive Board of the Riksbank decided to hold the repo rate unchanged at -0.50 percent and assessed that there will be a longer delay until the repo rate begins to be raised.

The bank previously lowered the rate by 0.15 percentage points in February.

The Swedish Krona advanced to 8.5156 against the greenback, off its early 8-day low of 8.5595. The Krona may locate resistance around the 8.4 zone.