Swiss Economicblogs.org
Improving growth and inflation prospects could help the krona against the euro going forward. The krona is also undervalued against the US dollar, based on fundamentals. At its 7 September meeting, Sweden’s Riksbank decided to keep the repo rate unchanged at -0.5% and to continue to purchase government bonds until the end of the year. The Riksbank acknowledged that the Swedish economy was relatively strong and that inflation was beginning to rise.However, the central bank made clear its...
Read More »Fundamental undervaluation supports the Swedish krona
