Notes and coins in circulation have fallen by 40% since 2009 in Sweden. Riksbank is considering issuing a digital 'ekrona' in response.
Sweden raised its overnight lending rate to an astonishing 75 percent Wednesday, succeeding in bolstering the krona. But speculation about devaluation of the Swedish currency seems unlikely to go away ...
This article was originally published on ETFTrends.com. The Swedish krona and currency-related exchange traded fund have not had as good a year as other developed country currencies. The Invesco ...
Is it possible to say which currency is the best in the world currently? Well, Carl Hammer, currency strategist at Nordic corporate bank SEB, thinks so and gone record as saying that he believes the ...
STOCKHOLM (Reuters) - Having twice cut rates into negative territory, Sweden's central bank is locked in a high-stakes currency war with the European Central Bank that could stave off deflation but ...
Sweden’s central bank plans to create a pilot platform for a new digital currency, called the e-krona, in latest in European CBDC news. Sweden’s central bank is planning plans to create a pilot ...
The Swedish krona has outperformed all other major currencies so far this year, according to news agency Bloomberg. Analysts say stronger growth in Sweden and government stimulus are boosting ...
OSLO, Aug 31 (Reuters) - The Swedish currency's weakness is unjustified, and it does not deserve to be labelled as "junk", the governor of Sweden's central bank told daily Dagens Nyheter (DN) on ...
Adds quotes in paragraphs 2-3, background in 4th paragraph STOCKHOLM, Sept 22 (Reuters) - The Swedish currency will strengthen in the long run, Riksbank Governor Erik Thedeen said in the published ...