Nordic & Swiss Economics

Nordic & Swiss Chart Book

13 April, 2018

Trade fears weigh on Swiss franc and Swedish krona

Both the Swiss franc and the Swedish krona have depreciated by almost 1.5% against the euro over the past month. This has left the franc trading at its weakest level since the Swiss National Bank abandoned its cap on the exchange rate just over three years ago and the krona at its lowest rate against the single currency since late 2009. Their falls have not reflected shifts in relative interest rate expectations. Instead, given the openness of the Swiss and Swedish economies, the recent escalatio

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