Lucy Meakin writing for Bloomberg:
Sweden’s krona is becoming the new Swiss franc for investors seeking higher interest rates in a growing economy that has a trade surplus and falling debt load.
It’s the best performer in a basket of developed-market peers since June, with a 3 percent advance, about twice that of the second-place Norwegian krone. The median of economist estimates compiled by Bloomberg is for Sweden’s economy to grow 1.2 percent this year even as the euro region contracts. Truckmaker Scania AB (SCVB) says the currency’s appreciation won’t stop it from boosting capacity.
