Swedish Krona Tumbles After Central Bank Delays Rate Hike

Apr 25,2019 07:43   Source:Earnforex
The Swedish krona tanked against other currencies today after Sweden’s central bank signaled that the planned interest rate hike will happen later than it was previously expected. The Riksbank left its main interest rate unchanged at -0.25%. The bank signaled that it is delaying the hike: The Executive Board has decided to hold the repo rate unchanged at –0.25 per cent and assesses that the rate will […]

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