The Swedish krona has reached extreme lows against the dollar and euro, with some national media labelling it a "junk currency". Here's what that means for Sweden's international residents, and anyone pondering a move here.
Sweden may be on its way to becoming a cashless society, but historical examples of its currency offer an interesting insight into the country's history.
A large majority of Swedes don’t want to join the eurozone and most predict the country will never adopt the EU’s common currency‚ according to a new survey.
UPDATED: The first batch of Sweden's new currency has gone into circulation as part of a huge project designed to replace over 300 million bank notes across the country.
UPDATED: Foreign tourists were able to get more kronor for their dollars, pounds and other currencies this summer, contributing to a hike in the number of visitors from countries including the UK and China.
The krona is at its weakest since the financial crisis. So what are the implications for foreigners living in Sweden – or planning a future move? The Local has asked four experts.
In autumn next year, Swedes will experience the biggest switch in bank notes and coins that the country has ever seen, a move that will include a brand new 200 kronor note and two kronor coin.
Sweden is in possession of just over 125 tonnes of gold - a market value of 37.5 billion kronor ($5.9 billion) - and the country's central bank revealed on Tuesday exactly where it's being kept.
Ten years after rejecting the euro in a closely fought national referendum, there appears to be little chance Sweden will adopt the common European currency for many years to come.
Swedish Finance Minister Anders Borg has said the country's central bank should keep an eye on the increasingly strong krona, with further currency appreciation a potential threat to the country's export-driven economy.
Fewer than one in ten Swedes want to replace the krona with the euro, in an overall EU-confidence dip that political scientists tie to the financial crisis.
Swedish cash carries more bacteria than banknotes from almost any other country in Europe, according to a new study from researchers at Oxford University.
Sweden's 1,000-krona note ($150) design will be getting an overhaul after copyright issues with the original version, officials from Sweden's Riksbank said on Monday.
The krona has been the best performing currency over the past year, according to statistics from Swedish newspaper Svenska Dagbladet (SvD) and news agency Bloomberg.
The new designs for three Swedish coins, including the introduction of a 2-kronor coin, were unveiled by the Riksbank on Tuesday, with the coins set to hit circulation in 2016.
Swedish fashion giant Hennes & Mauritz said Wednesday it's considering dumping the use of the US dollar in favour of the Chinese yuan to guard against currency fluctuations.
An error involving a Swedish printing press has turned into a very expensive headache for South African central bank officials who have been forced to destroy millions of dollars' worth of faulty banknotes.
Sweden's Riksbank on Tuesday released the long-awaited designs of new banknotes featuring the likes of Greta Garbo, Ingmar Bergman, Astrid Lindgren, and other cultural giants of the 20th century.
The Swedish krona is 25 percent overvalued against the US dollar, according to the OECD, jeopardizing the currency's appeal as a “safe haven” for investors.
The Social Democrats remain opposed to having Sweden join the eurozone stability pact, while the Centre Party said on Wednesday it supported the deal "with conditions".
Non-euro countries Sweden and Denmark are fonder than ever of their own currencies, the krona and the krone, as the crisis plaguing the eurozone also hurts their economies.
Sweden agreed on Monday night to help stabilize the euro by pledging to make loans to the International Monetary Fund (IMF) to strengthen a eurozone bailout fund.
