Forex News

Live Forex news from all over the world.


Swedish Krona Gains as Inflation Remains Stable

March 14, 2018 at 11:34 by Vladimir Vyun

Swedish coins with a krona bill on backgroundThe Swedish krona rose today after the report that showed inflation remained stable in Sweden last month.

Statistics Sweden reported that the Consumer Price Index with a fixed interest rate rose 1.7% in February year-on-year, the same as in January, and 0.7% month-over-month. The biggest contributors to the gain were higher prices from clothing, package holidays, transport services, and energy. The Harmonised Index of Consumer Prices was up 1.6% in February year-on-year, also the same as in January, and 0.8% month-over-month.

USD/SEK slipped from 8.2131 to 8.2025 as of 11:30 GMT today. EUR/SEK dipped from 10.1779 to 10.1497.

If you have any questions, comments or opinions regarding the Swedish Krona, feel free to post them using the commentary form below.

Leave a Reply