Tag: krone
The krone is at an annual low against the dollar
Updated: Today 11:43 Published: Today 11:43 The krone weakens further against the dollar and is now quoted at 11.04. This is the lowest krone exchange rate this year. The last…
The krone continues to strengthen against the euro
The Swedish currency has been on a roll in recent years. When interest rates rose, inflation took its toll and the recession lay like a storm blanket over the horizon…
Here is the bank that made hundreds of millions from the krone crash
Since January 2018, Erik Penser Bank has chosen to hold a large part of its shares and bonds in foreign currencies instead of the krone. Jonas Thulin, head of asset…
Umeå municipality sells Västerbottensgård for a krone – must be moved
However, the house must be gone no later than the last of June. – It’s about whether I should move it or dismantle it. It can be relieved to move…
Handelsbanken: The fall in the krone erodes purchasing power
For the average household, the inflation shock means that purchasing power is reduced by SEK 35,000 this year alone, according to Christina Nyman, Handelsbanken’s chief economist. According to Nyman, the…