Swedish Krona Surges as Ingves Warns Very Low Rates Pose Risks

Swedish Krona Surges as Ingves Warns Very Low Rates Pose Risks

Matthew Lloyd/Bloomberg

The krona strengthened as much as 0.8 percent against the euro and traded 0.7 percent higher at 8.5809 as of 10:25 a.m. in Stockholm, making it the best-performing major currency against the euro, the dollar and the yen.