GBPCHF Pound Sterling vs Swiss Franc

1.14814

0.0053 (0.47%)

Last Updated: 21:49:02

Delayed by 15 minutes

Name	Symbol	Market	Type
Pound Sterling vs Swiss Franc	FX:GBPCHF	Forex	Exchange Rate

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.0053	0.47%	1.14814	1.14803	1.14825	1.1482	1.1409	1.14284	0	21:49:02

Swedisk Krona At 1-1/2-month High Versus Euro After Riksbank Decision

03/09/2015 5:30am

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The Swedisk Krona advanced against the euro in European deals on Thursday, after Sweden's central bank retained its benchmark rates as the benefits of the expansionary monetary policy is working through the economy.

The Executive Board of the Riksbank decided to hold the repo rate at -0.35 percent as expected by economists. The bank last lowered the rate in July, when it cut the rate from -0.25 percent.

The repo rate is expected to be at the current level for about one year, while the repo-rate path reflects the possibility of lowering the rate further.

The krona climbed to a 1-1/2-month high of 9.3935 against the euro, compared to yesterday's closing value of 9.4658. The next possible resistance for the krona is seen around the 9.37 mark.