Swedish krona tumbles to worst levels against dollar in 16 years
A lower-than-expected inflation rate on Tuesday saw the Swedish krona slump to its worst levels against the US dollar in 16 years, fuelling fears that Sweden's Central Bank will be unable to flip the country's negative repo rate into positive territory any time soon.
Published: 19 February 2019 15:50 CET Updated: 19 February 2019 17:02 CET
The Swedish krona fell to its lowest level against the US dollar in 16 years on Tuesday. Photo: Fotograferna Holmberg/TT file picture
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