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The Norwegian krone is the weakest in the "currency class"

» Published: November 03 2024

The Norwegian krone is the weakest in the "currency class"
Photo: Pontus Lundahl/TT

The Swedish krona has developed weakly against the American dollar, but there is a currency that is significantly worse, namely the Norwegian. Since the turn of the year, the Norwegian krona has lost over eight percent in value against the dollar, which is the worst development among the ten most traded currencies in the world, writes the news agency Bloomberg.

The Swedish equivalent has simultaneously lost six percent during the same period. In the opposite direction, the British pound has developed, and has even risen by 1.5 percent.

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By TTThis article has been altered and translated by Sweden Herald
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