Economics

Krona Surges as Swedish GDP Growth Rises More Than Forecast

Lock
This article is for subscribers only.

The krona strengthened the most in four weeks against the euro after Sweden’s economic growth accelerated more than forecast in the second quarter of the year.

The currency headed for a monthly gain as gross domestic product rose 1 percent in the three months through June, compared with the median forecast for 0.5 percent growth forecast by economists in a Bloomberg survey.