Swedish Krona Climbs To Weekly High Versus Euro After Riksbank Decision
14 Febbraio 2018 - 5:19AM
RTTF2
The Swedish Krona firmed against the euro in the early European
session on Wednesday after Sweden's central bank decided to
maintain its negative interest rate and the future path of repo
rate.
The Executive Board of the Riksbank voted to hold the repo rate
at -0.50 percent.
The forecast for the repo rate was unchanged since December and
indicates that slow repo rate rises are set to be initiated during
the second half of this year.
The Krona advanced to a weekly high of 9.8703 against the euro,
from Tuesday's closing value of 9.9120. If the Krona rises further,
9.6 is possibly seen as its next resistance level.
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