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USDSEK United States Dollar vs Swedish Krona

10.91988
0.0385 (0.35%)
Last Updated: 05:00:28
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
  0.0385 0.35% 10.91988 10.91555 10.92421 10.92072 10.91957 10.8845 0 05:00:28

Swedish Krona Strengthens To Over 2-month High Vs Dollar After Sweden Rate Hike

20/12/2018 4:47am

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US Dollar vs SEK (FX:USDSEK)
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From Apr 2019 to Apr 2024

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The Swedish Krona climbed against the U.S. dollar in early European deals on Thursday, after the Riksbank unexpectedly lifted its key interest rate for the first time since 2011.

The Executive board decided to raise the repo rate to -0.25 percent from -0.50 percent. Economists had expected the rate to remain unchanged.

The repo rate hike will come into effect from January 9, 2019.

Following the December policy session, the bank predicted that the next interest rate hike will probably occur during the second half of 2019.

The Swedish Krona appreciated to 8.9456 against the greenback, its strongest since October 17. The pair was valued at 9.0956 at yesterday's close. Next key resistance for the Swedish Krona is seen around the 7.9 region.

1 Year US Dollar vs SEK Chart

1 Year US Dollar vs SEK Chart

1 Month US Dollar vs SEK Chart

1 Month US Dollar vs SEK Chart

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