Sweden’s krona hits new record low as central bank hikes and plays down currency intervention
Published on: Thursday 29 June 2023
The Swedish currency dropped to 0.0844 krona to the euro by early afternoon Thursday. The policy rate now sits at 3.75% and the figure is in line with forecasts made by analysts polled by Reuters.
News source: https://www.cnbc.com/2023/06/29/swedens-krona-hits-new-record-low-as-central-bank-hikes.html