Top Stories

Swedish krona surged versus euro during lockdown

0


Swedish krona notes and coins sit in a cashier’s till.

Linus Hook | Bloomberg via Getty Images

Sweden’s currency, the krona or crown, has strengthened against the euro in the last three months, as the country went against the grain in its response to the coronavirus pandemic and kept much of its public and business life open.

As the rest of Europe went into lockdown, the Swedish krona weakened sharply against the euro, with one euro fetching 11.2025 SEK on March 18. Now, over three months on, the currency has strengthened and on Thursday, a euro fetched 10.4704 Swedish krona (SEK).

While most of the continent imposed widespread restrictions, Sweden took a more relaxed, albeit controversial,…



Source cnbc.com

Fed’s Bullard warns of financial crisis risks as virus cases spike

Previous article

Is the stock market closed Friday? For July 4th, here’s everything investors need to know about trading hours and closures

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Top Stories