You are here

CURRENCIES

Swedish crown hits 6 1/2-year low against euro

Friday, October 28, 2016 - 05:50

London

SWEDEN'S crown hit a 6 1/2-year low against the euro on Thursday, after the central bank said the chances of another interest rate cut had increased and it was ready to expand its quantitative easing programme further.

The Riksbank has already slashed rates to -0.5 per cent

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom