Swedish Krona Climbs To 6-day High Versus U.S. Dollar After Riksbank Decision
20 Diciembre 2016 - 9:44PM
RTTF2
The Swedish Krona drifted higher against the U.S. dollar in
early European deals on Wednesday, after Sweden's central bank
retained its negative interest rate and extended the quantitative
easing programme.
The Executive Board of the Riksbank maintained the repo rate at
-0.50 percent as economists had expected. The bank previously
lowered the rate by 0.15 percentage points in February.
The Swedish currency firmed to 9.3110 against the greenback, its
strongest since December 15. On the upside, 9.10 is possibly seen
as the next resistance level for the Krona.
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