Market News / Currency
There have been shouts and cries that the Swedish Krona has been strengthening and that it has got too strong that it is becoming a force that is killing businesses especially the export sector. An analyst has however challenged this view as not reflecting real position of the Swedish currency.
The virtual currency bitcoin has become a hot topic in financial circles, partly because of the extreme price movements.
Bitcoin exchange halts trades of digital currency after drop in value
Friday, 12 April 2013
Tokyo-based exchange behind most trades says it has been a 'victim of our own success' as promoter denies bubble is forming More from the Gurdian
Copyright issues have now been resolved for the images and symbols to be used on Sweden's new banknotes. The portrait of Dag Hammarskjöld on the 1000-krona banknote will be replaced as the bank presents t new bank notes.
The Swedish currency, the Swedish Krona is now stronger than it was when the fixed exchange rate was abandoned. It has now strengthened against all of the world's major currencies in the past year.
The Swedish currency, the krona has been getting stronger against the world's leading currencies in recent months that all indications show that it will continue to hurt the Swedish economy. Another major area to join the example is the tourism sector.
Norwegian currency, the krone has strengthened to a new high level ever and now Goldman Sachs is making a recommendation for its customers to hoard the dollars.
The economic crisis in Europe has mean that Danish support for the euro has fallen to its lowest level ever.
The air has gone out of the Krona as on Monday, it traded to its weakest level in two months against the euro.
The central bank, the Riksbank on Tuesday, presents the future coins that will soon go into circulation. According to the plan, a copper coin will today replace the silver krona coin.
The Swedish export companies are having a sweaty period as the Swedish krona continues to strengthen against the euro and the dollar such that it is estimated that 75 000 jobs in Sweden could be affected
The Swedish krona took a big jump on Monday as the Swedish GDP growth turns out to be significantly better than expected.
The Danish Krona continues to fall signifying the economy still struggling to gain a head wind. A Danish Krone currently costs aboutSkr1.13. This is the lowest price the currency has fetched against its Swedish counter part since the Öresund Bridge opened in the 2000s.
The Euro fell to the Swedish Krona on Wednesday giving the Swedish currency one of it biggest gains over the Euro single currency since the 2000
The krona is very strong and trading against the euro, the currency recorded its highest number since 2000. This has been blamed on the Swedish central bank, the Riksbank's relatively tight monetary policy, a decent development on the stock market and higher interest rate differences between Sweden and the euro area.
European vacating Swedes can thank Stefan Ingves for a record-cheap Euro as oppose to the Swedish krona. The exchange rate has not been low in 11 years but it remains to see how this affects Swedish tourist industry.
Hennes & Mauritz is considering to start making purchases of yuan to prevent the effects of a further strengthening of the dollar heaping pressure on its cost.
South Africa's central bank has to destroy more than 3.6 million faulty 100-rand banknote, worth almost Skr320 million.
The Swedish central bank, Riksbank has presented the winner of the design of Swedish nw bank notes. He is Göran Österlund proposal "Cultural journey" that will form the artistic basis for the new banknotes.
Sweden has hardly fully accepted that the Euro single currency replaces their own currency but there has been the business community that has in the past advocated for the adoption of the currency. That mood has now changed and confidence in the currency has now collapsed in Sweden the business sector.
Prise fall of Swedish villas as the Swedish real estate section gets constricted
Monday, 27 February 2012
There is intense fall in the prices of Swedish real estates especially the exclusive ones such as villas.
Norwegian oil giant Statoil has made a major oil discovery in Brazil, described as jackpot. The oil is found in Pao de Acucar prospect about 20 miles from Rio de Janeiro.
Swedish FSA (Finansinspektionen - FI) warning list of scam companies that engage in so-called investment fraud grew last year at a record pace. And nothing suggests that such activities will decrease in the coming months.
As the Swedish commercial banks raised their interest margins sharply last year, the flip effect is that Swedish household debt grew by five percent in 2011. One argument for that is the growth of variable mortgages which are described as cheap. There is called to review these “cheap” mortgages in the future
The Swedish krona is too expensive. This is according to analysts who expect the currency to now moving toward weaker times. But the Swedish central bank or the Riksbank's forecast is pointing to another direction.
Last year, the average return to customers of pension fund, especially the so-called traditional management pension fund portfolio was just 2.2 percent.
The Swedish inflation rate was 1.9 percent in January, down from 2.3 percent in December.
It looks like Swedish house prices have started rising again after events of last year looking like passing over the Swedish economic sphere. However caution has been called to be employed when reading the numbers.
Consumer prices index (CPI)in Denmark rose 0.3 percent in January from the previous month. Compared with the same month one year earlier, prices rose 2.8 percent.
Advertisement
Business News Videos
Currency
Business News Videos
Currency
The
Forex Quotes are Powered by Forexpros - The
Leading Financial Portal.
Analyst are now suggesting that the Swedish krona is not really as strong
Tuesday, 16 April 2013There have been shouts and cries that the Swedish Krona has been strengthening and that it has got too strong that it is becoming a force that is killing businesses especially the export sector. An analyst has however challenged this view as not reflecting real position of the Swedish currency.
Politics, internet and business - how the internet hit hard at Swedish political businessman with a weak spot for internet
Friday, 12 April 2013The virtual currency bitcoin has become a hot topic in financial circles, partly because of the extreme price movements.
Bitcoin exchange halts trades of digital currency after drop in value
Friday, 12 April 2013
Tokyo-based exchange behind most trades says it has been a 'victim of our own success' as promoter denies bubble is forming More from the Gurdian
Sweden central bank, Rikbanken release the image of new 1000-krona bank-note
Monday, 25 March 2013Copyright issues have now been resolved for the images and symbols to be used on Sweden's new banknotes. The portrait of Dag Hammarskjöld on the 1000-krona banknote will be replaced as the bank presents t new bank notes.
The Swedish Krona continues to break record in strength
Thursday, 14 March 2013The Swedish currency, the Swedish Krona is now stronger than it was when the fixed exchange rate was abandoned. It has now strengthened against all of the world's major currencies in the past year.
Swedish Krona too strong that its pain already told is getting worse - tourism joins other exporters to feel the pain.
Wednesday, 06 February 2013The Swedish currency, the krona has been getting stronger against the world's leading currencies in recent months that all indications show that it will continue to hurt the Swedish economy. Another major area to join the example is the tourism sector.
Norwegian Krona strengthen to a record level
Tuesday, 04 December 2012Norwegian currency, the krone has strengthened to a new high level ever and now Goldman Sachs is making a recommendation for its customers to hoard the dollars.
Collapse in Danish support for the Euro
Monday, 08 October 2012The economic crisis in Europe has mean that Danish support for the euro has fallen to its lowest level ever.
Fall for Swedish krona as past gains starts reversing
Monday, 17 September 2012The air has gone out of the Krona as on Monday, it traded to its weakest level in two months against the euro.
The Swedish central bank introduces new coins
Tuesday, 11 September 2012The central bank, the Riksbank on Tuesday, presents the future coins that will soon go into circulation. According to the plan, a copper coin will today replace the silver krona coin.
Swedish manufacturing jobs threaten by constricted euro economic growth and strengthening Krona over the Euro and dollar
Wednesday, 15 August 2012The Swedish export companies are having a sweaty period as the Swedish krona continues to strengthen against the euro and the dollar such that it is estimated that 75 000 jobs in Sweden could be affected
Swedish GDP Figures pushed the Krona to a new strength
Monday, 30 July 2012The Swedish krona took a big jump on Monday as the Swedish GDP growth turns out to be significantly better than expected.
Continuous fall of the Danish kroner - GOOD OR BAD?
Thursday, 26 July 2012The Danish Krona continues to fall signifying the economy still struggling to gain a head wind. A Danish Krone currently costs aboutSkr1.13. This is the lowest price the currency has fetched against its Swedish counter part since the Öresund Bridge opened in the 2000s.
Swedish krona made gains against the euro - its strongest since the 2000
Thursday, 19 July 2012The Euro fell to the Swedish Krona on Wednesday giving the Swedish currency one of it biggest gains over the Euro single currency since the 2000
That the Swedish Krona is over valued
Thursday, 12 July 2012The krona is very strong and trading against the euro, the currency recorded its highest number since 2000. This has been blamed on the Swedish central bank, the Riksbank's relatively tight monetary policy, a decent development on the stock market and higher interest rate differences between Sweden and the euro area.
Currency: The strong Swedish Krona and weaker Euro puts Swedes in best and cheap Euro holiday places but...
Thursday, 05 July 2012European vacating Swedes can thank Stefan Ingves for a record-cheap Euro as oppose to the Swedish krona. The exchange rate has not been low in 11 years but it remains to see how this affects Swedish tourist industry.
H & M is considering exchanging operations currency
Thursday, 21 June 2012Hennes & Mauritz is considering to start making purchases of yuan to prevent the effects of a further strengthening of the dollar heaping pressure on its cost.
Sweden flops print design and size of South African bills – as million worth must be destroyed
Monday, 21 May 2012South Africa's central bank has to destroy more than 3.6 million faulty 100-rand banknote, worth almost Skr320 million.
Sweden to soon launch new banknotes – samples presented
Tuesday, 24 April 2012The Swedish central bank, Riksbank has presented the winner of the design of Swedish nw bank notes. He is Göran Österlund proposal "Cultural journey" that will form the artistic basis for the new banknotes.
Swedish companies lost confidence in the euro as support for the ailing currency collapses in among Swedish entrepreneurs
Wednesday, 07 March 2012Sweden has hardly fully accepted that the Euro single currency replaces their own currency but there has been the business community that has in the past advocated for the adoption of the currency. That mood has now changed and confidence in the currency has now collapsed in Sweden the business sector.
Prise fall of Swedish villas as the Swedish real estate section gets constricted
Monday, 27 February 2012
There is intense fall in the prices of Swedish real estates especially the exclusive ones such as villas.
Statoil makes oil discovery in Brazil
Monday, 27 February 2012Norwegian oil giant Statoil has made a major oil discovery in Brazil, described as jackpot. The oil is found in Pao de Acucar prospect about 20 miles from Rio de Janeiro.
Fake investment broker continue to hit Swedish investors
Sunday, 26 February 2012Swedish FSA (Finansinspektionen - FI) warning list of scam companies that engage in so-called investment fraud grew last year at a record pace. And nothing suggests that such activities will decrease in the coming months.
Swedish household debts growth blamed on variable mortgage and calls for its to becomes more expensive
Wednesday, 22 February 2012As the Swedish commercial banks raised their interest margins sharply last year, the flip effect is that Swedish household debt grew by five percent in 2011. One argument for that is the growth of variable mortgages which are described as cheap. There is called to review these “cheap” mortgages in the future
Swedish Krona getting too strong – believed overvalued
Tuesday, 21 February 2012The Swedish krona is too expensive. This is according to analysts who expect the currency to now moving toward weaker times. But the Swedish central bank or the Riksbank's forecast is pointing to another direction.
Nordea’s pension funds emerged the best among others
Tuesday, 21 February 2012Last year, the average return to customers of pension fund, especially the so-called traditional management pension fund portfolio was just 2.2 percent.
Swedish prices keep on falling fast as Inflation rate just 1.9 percent
Thursday, 16 February 2012The Swedish inflation rate was 1.9 percent in January, down from 2.3 percent in December.
Swedish house prices starts moving in the upward direction again?
Tuesday, 14 February 2012It looks like Swedish house prices have started rising again after events of last year looking like passing over the Swedish economic sphere. However caution has been called to be employed when reading the numbers.
Jump in Danish Inflation
Friday, 10 February 2012Consumer prices index (CPI)in Denmark rose 0.3 percent in January from the previous month. Compared with the same month one year earlier, prices rose 2.8 percent.
Swedish real estate brokers want to be paid for unsold houses
Swedish over-valued house prices continue to fall
Global Economic CalendarScancomark.com
Front
Page | Scandinavia
Today | Political Economy
|
Company
News | Management | Market
News | Competitiveness
Granscole Studios Web design Pro | Web analysis | Operations Management Consult | Marketing Consult |
Support and Contact Support | Corrections | Contact Us
Connect with Scandinavian Companies and Market
Granscole Studios Web design Pro | Web analysis | Operations Management Consult | Marketing Consult |
Support and Contact Support | Corrections | Contact Us
Connect with Scandinavian Companies and Market
©
Scandinavian Companies and Market Magazine 2012. | Scandinavian
Companies and Market and Scancomark are registered trade mark of
Scandinavian Companies and Market / Granscole Establishment.
|
||||
