Krona falls following Riksbank

The Swedish Krona fell across the board after the Riksbank raised its policy rate by a bigger than expected margin but slashed its growth projections for 2023.

September 20,2022

The Swedish Krona is the second worst performing major currency of the year and local analysts are worried about the outlook ahead of September's Sveriges Riskbank interest rate decision, which is set to be announced next week and ahead of a series of other central bank policy pronouncements.

September 15,2022

The Swedish Krona has fallen to within striking distance of its coronavirus crisis lows so far in the year and could be at risk of further losses in the week ahead unless the Riksbank is able to convince a hawkish market of its plan for containing rising rates of inflation in Sweden’s economy.

June 24,2022

Russian Ruble

The Russian Ruble is strengthening, but this is not a sign of economic strength and is in fact symptomatic of what can best be described as an import crisis.

May 10,2022

The Swedish Krona outperformed all other major currencies in the penultimate session of the week, pushing the GBP/SEK exchange rate back toward its late March lows and in the process jeopardising Sterling's 2021 uptrend after the Riksbank sought to confront a growing inflation problem.

April 29,2022

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