Swedish Krona Advances Versus Euro After Sweden Trade Data
July 24 2015 - 04:42AM
RTTF2
The Swedish Krona climbed against the euro in European deals on
Friday, after data showed that Sweden's trade surplus improved in
June.
Data from Statistics Sweden showed that Sweden's trade surplus
came in at SEK 8.4 billion in June, up from SEK 4.2 billion last
year.
Exports rose to SEK 108.9 billion, while imports increased to
SEK 100.5 billion.
The Swedish Krona that ended yesterday's trading at 9.4084
against the euro rose to 9.3878. The Swedish currency is likely to
find resistance around the 9.3 mark.
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