Swedish Krona


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Swedish Krona

The currency of Sweden. It was introduced in 1873 when it replaced the former currency at the beginning of the Scandinavian Monetary Union. After World War I, the Monetary Union ended, but the Swedish government kept the krona as its own currency. In 1995, Sweden committed to joining the eurozone at an indeterminate date. However, a 2003 referendum rejected this course of action.
References in periodicals archive ?
The index rose 30 per cent in the first half-year when the Gulf war ended and the Swedish krona was pegged to the ecu in May.
NEW YORK -- The Bank of New York, a global leader in securities servicing, has been appointed trustee for six additional Rydex Investments' exchange-traded trust funds, which provide a cost-effective, convenient and dollar-denominated method to invest in Australian dollars, British pounds, Canadian dollars, Mexican pesos, Swedish kronas and Swiss francs.
The high interest rates during the autumn and the depreciation of the Swedish krona were a contributory factor to the growing loan losses.
The rollover in oil prices is a negative for Norway as is the interest-rate environment, and technical and monetary conditions are unsupportive for the Swedish krona.
As well as giving people more payment options, Skype has made it easier for people on most continents - including Europe, the Americas, Asia and Oceania - to buy and keep track of their Skype Credit in 14 local currencies, including Euros, US Dollars, Polish Zloty, Brazilian Real, Canadian Dollar, British Pound, New Taiwanese Dollar, Swedish Krona, Danish Krona, Norvegian Krona, Japanese Yen, Hong Kong Dollar, Australian Dollar and Swiss Francs.
The total consideration for the share purchase and license termination is 60,161,708 Swedish krona (approximately U.
As a result of this limited degree of exposure, the weakness of the Swedish krona had a negative impact on Fund earnings.
The newly acquired shares, which bring Alberto-Culver's equity interest in Cederroth to 58 percent, were acquired for a cash price of 34 Swedish krona per share (approximately US$5-5/8 per share) from Smith & Nephew Overseas Limited.
RKA has assets of Swedish krona 7 billion, and just under 200 employees.

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