The Swedish Krona weakened over a percent on Thursday after the Riksbank decided to hold the refinancing rate that it offers to banks unchanged at –0.25%, with a view to keeping the rates 'lower for longer', in line with sluggishly low growth and inflation.
April 25,2019
Swedish Krona rises against Sterling after surprise increase in Q2 growth, SEK extremely undervalued but if growth returns Riksbank could start raising rates. Wildfire damage is a potential spoiler.
July 31,2018
The Swedish krona has been the second worst performing major currency (behind the pound) in 2016 as the Swedish Riksbank has pressed an iron gauntlet firmly down on interest rates via one of the most uncompromising negative interest rate policies in the world, however, this is distorting the kronor’s ‘true’ value.
August 14,2016
