Swedish Krona

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Related to Swedish crown: SEK

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 ?
4bn due to the sharp appreciation of the Swedish crown.
BANKING AND CREDIT NEWS-July 8, 2011--EIB prices Swedish crown bond(C)2011 M2 COMMUNICATIONS http://www.
M2 EQUITYBITES-August 25, 2011--KfW sets price to Swedish crown bond(C)2011 M2 COMMUNICATIONS http://www.
The result was affected by loss in the mammography product division and by the strong Swedish crown, the company said in its financial report published today.
6m, chiefly boosted by higher passenger revenue and strengthening of the Swedish crown.
M2 EQUITYBITES-July 22, 2011--IBRD upsizes Swedish crown bond(C)2011 M2 COMMUNICATIONS http://www.
According to the broker, the expected improvement in demand will be offset by a strong Swedish crown.
At the same time, the broker is concerned about the negative effects of the strong Swedish crown.
M2 EQUITYBITES-July 8, 2011--EIB prices Swedish crown bond(C)2011 M2 COMMUNICATIONS http://www.
In 2012, a stronger Swedish crown will dampen economic growth, SEB said.
M2 EQUITYBITES-July 5, 2011--EIB sets price to Swedish crown bond(C)2011 M2 COMMUNICATIONS http://www.
The target downgrade is mainly due to the strong Swedish crown, which is also the reason why the broker has cut its earnings estimates for the company.

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