Krona Strengthens Versus Euro as Riksbank Keeps Rate at 1.5%

The Swedish krona strengthened against the euro and the dollar after the central bank kept its key interest rate at 1.5 percent and said its repo-rate path projections were unchanged.

The krona appreciated 0.5 percent against the euro to 8.8455 at 8:34 a.m. London time and gained 0.3 percent to 6.7520 per dollar.

To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

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