Exchange Rate in Finland

Finland Exchange Rate | Economic News & Forecasts

Finland - Exchange Rate

The economy is having a good run this year. Preliminary economic growth was unchanged in Q3 compared to Q2 in quarter-on-quarter terms, which proved faster than the Euro-area average. Private consumption likely played a key part in the growth story in Q3 given that the unemployment rate fell to a five-and-a-half year low and consumer confidence remained high, even though it moderated slightly from the previous quarter. In terms of the external sector, the current account balance posted its best reading in three quarters in Q3, although it remained in a deficit. Meanwhile, protests in opposition to government employment law proposals were called off in late October by the Finnish Industrial Union. On 6 November, tripartite negotiations regarding these proposals—which included government, labor and business representatives—concluded with a consensus. Reduced risks of labor disruption bodes well for the economy in Q4.

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 Yield0.613.70 %Nov 29
Exchange Rate8.54-0.38 %Nov 29
Stock Market3,8110.0 %Nov 29

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