Exchange Rate in Finland

Finland Exchange Rate | Economic News & Forecasts

Finland - Exchange Rate

The economy performed well in the second quarter of this year, although growth slowed compared to the first quarter. According to Statistics Finland’s monthly Trend Indicator of Output, both services and primary production increased robustly in Q2, although secondary production growth was very weak. This was partly due to strikes in the construction sector. Furthermore, unemployment fell to a multi-year low in June. A tightening labor market should have therefore supported private consumption throughout Q2. However, the current account logged a multi-year-high deficit in Q2, contrasting the surplus recorded in Q1. More recently, the European Commission’s economic sentiment indicator—which captures business and consumer confidence—improved in July, boding well for the economy in Q3. However, businesses in the construction sector turned pessimistic, contrasting the optimism recorded in June.

Finland - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)1.38  1.21  1.09  1.05  1.20  

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Finland Exchange Rate Chart

Finland Exchange Rate
Note: U.S. dollar (USD) per euro.
Source: Thomson Reuters.

Finland Facts

Bond Yield0.713.70 %Sep 20
Exchange Rate8.15-0.38 %Sep 20
Stock Market4,3130.0 %Sep 20

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