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 key challenges identified include legislative shortcomings, negative externalities and weakening of the Swedish crown.
Swedish Crown Princess Victoria, at a ceremony in the Winter Garden of the Grand Hotel here in Stockholm.
Vattenfall, a Swedish crown company, is Europe's fifth-largest power company.
The economist will receive an 8 million Swedish crown ($1.
The Swedish crown weakened against the euro and the dollar as Sweden's industrial output took its largest fall in more than three years in September.
An interest rate cut by the Swedish Riksbank pushed the single currency against the Swedish crown to a seven-week peak of 8.
The Norwegian royal family, the presidents of Finland and Iceland, Swedish Crown Princess Victoria and Denmark's Crown Prince Frederik attended too, as did all the Nordic prime ministers and diplomats from many countries.
Markets are focusing more on equity markets so equity-sensitive currencies like the Aussie, kiwi, Canadian dollar and the Swedish crown could be the main focus.
The Prize, which includes a $5,000 award and crystal sculpture, was presented at a ceremony in Stockholm today by the Swedish Crown Princess, who is patron of the Prize.
The Swedish crown weakened around 3 ore versus the euro in early Asian trade after it became clear both sides would be short of forming a majority.
dollar, a record low against the Australian dollar and an 11-1/2 year low versus the Swedish crown as euro zone peripheral bond yields rose, adding to downbeat market sentiment.
It also gained against the Swiss franc, Swedish crown, Japanese yen and British pound.

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