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The Swedish central bank, Riksbank, announced on Thursday that it will hedge approximately 25% of its currency reserves, a move expected to influence the strategies of large institutional investors....
The dollar reached a 6.5-month peak on Thursday, September 21, 2023, after the U.S. Federal Reserve signaled a continuation of its restrictive policy, even as it held rates steady. This comes as the...
PoundSterlingLIVE - Despite raising interest rates again, Sweden will still have the lowest real policy rate in the G10 space according to one analyst, which can explain why the currency can weaken...
In a series of central bank decisions that have dominated markets over the past week, Sweden's Riksbank has raised its key policy rate from 3.75% to 4.00%, as part of its ongoing efforts to combat...
STOCKHOLM (Reuters) -Sweden's government promised 39 billion crowns ($3.5 billion) in tax cuts and more money for welfare, defence and the criminal justice system in its 2024 budget on Wednesday, but...
STOCKHOLM (Reuters) - Swedish climate activist Greta Thunberg was charged with disobeying a police order on Friday, less than two months after she was convicted and fined for the same offence. ...
STOCKHOLM (Reuters) - Winners of this year's Nobel Prizes will get an extra 1 million crowns, taking the total financial reward to 11 million Swedish crowns ($986,000), the Nobel Foundation, which...
Inflation in Sweden, as measured by the consumer price index with a fixed interest rate (CPIF), dropped by 0.1% in August from July, but saw a year-on-year increase of 4.7%, according to data released...
STOCKHOLM (Reuters) - The pace of headline Swedish inflation slowed more than expected in August, official data showed on Thursday, but analysts believe it will not be enough to prevent the central...
By Simon Johnson STOCKHOLM (Reuters) - Need a cheap, reliable second-hand car? Think Sweden, where a nosedive in the local crown currency over the past 18 months is proving a blessing for used-car...
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