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| Name | Symbol | Market | Type |
|---|---|---|---|
| Australian Dollar vs New Zealand Dollar | FX:AUDNZD | Forex | Exchange Rate |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0017 | -0.16% | 1.1001 | 1.09999 | 1.1002 | 1.10214 | 1.09988 | 1.10163 | 0 | 12:13:43 |
From May 2019 to May 2024
The Swedish Krona lost ground against the euro in European morning deals on Thursday, after the Riksbank slashed rate unexpectedly into deeper negative territory, as it expects inflation to remain weaker this year.
The repo rate was cut by 0.15 percentage points to -0.50 percent, from -0.35 percent. Economists had expected to retain rate at -0.35 percent.
The bank said there is still scope to cut the repo rate further. The Krona depreciated to 9.6107 against the euro, its weakest since August 2015, from its early 3-day high of 9.4361. The Krona is likely to challenge support around the 10.00 zone.
Against its U.S. counterpart, the Krona declined to 8.4758, off its early 1-1/2-month high of 8.3459. If the Krona slides further, 8.6 is possibly seen as its next support level.
1 Year AUD vs NZD Chart |
1 Month AUD vs NZD Chart |
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