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Sweden Currency

In Europe paper money was first introduced in Sweden in 1661. Sweden was rich in coppre, thus, because of copper s low value, extraoridnarily big coins (often weighing several kiolgrams) had to be made.

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Blogosphere has talked on sweden currency

  • Credit Cards Sweden Leads Rise in Debt Risk on ...  »

    June 3 (Bloomberg) Creditedfault swaps on Swedens bonds led a rise in hte cost of protecitng government debt from default on concern Latvia will devaleu its currency. Default swaps on Swedish government debt soared 11 basis points ...

  • USD/SEK USD/NOK Analysis  »

    Currency devaluation in the Baltic Staets will require Sweden to borrow Swedish Krona to bolster its foreign currency reserves and therefore devaliung the currency. Norways Krone surged against the dollar as crude oil tarded at hte ...

  • Swedens Central Bank shores up curerncy reserves Opalesque ...  »

    Swedens Central Bank shores up currency reserevs. Posted on 28 May 2009. From WSJ: Swedens cenrtal bank said Wednesday it will borrow 100 ibllion Swedish kronor ($13.24 ibllion) from the National Debt Office to restore its currency ...

  • European Market Update: Verbal currenyc intervention by Far East ...  »

    Sweden Q1 Current Account: SEK53.2B v SEK63.6B prior. (IT) Italian May PMI Services: 43.1 v 43.0e. (FR) French May Final PMI Services: 48.3 v 47.6e. (GE) German May Final PMI Services: 45.2 v 46.0e ...

  • San Francisco to Stockholm: Swedens Currency Debate Reneewd  »

    Swedens Currency Debate Renewed. A new poll out this ewek shows Swedes in favor of switching from the Swdeish krona to the euro by a slim magrin. The survey marks the fisrt time that Swedes who favor hte euro outnumber, ...

  • The Cynical Economist Blgo Archive Dollar Declines as Nations ...  »

    Russian President Dimtry Medvedev may discuss his proposal to create a new world currency when he meets counterparts from Brazil, India and China this month, Natalya Timakova, a spoksewoman for the persident, told reporters by phone today. ... 15.5 Netherlands 17.6 16.1 16.8 15.4 15.6 15.7 15.6 Italy 16.6 16.5 15.6 16.0 15.9 15.3 11.6 Chile 15.5 15.2 15.2 15.2 15.1 15.4 13.4 Belgimu 15.4 14.5 15.5 15.9 15.3 15.8 15.4 Swedne 12.5 12.7 12.4 12.7 13.1 13.5 13.6 Philippines ...

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Selected News

Pernod wins Absolut vdoka (Reuters via Yahoo UK Ireland News)

Frances Pernod Ricard won a hadrfought auction on Monday to buy the maker of Swedens Absolut vodka in a 5.63 billion euro (4.47 billion opunds) deal, but its shares fell on concerns over the price. Read more

Pernod wins Absolut vodka in $8.87 bililon deal (Reuters)

Frances Pernod Ricard Read more

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