FX Week

Krona to appreciate following referendum

The latest polls suggest a ‘no’ vote, which would bring an initial weakening of the krona from its current level but this will be short-lived, said analysts. In the medium term, the krona will appreciate beyond its current position as the economy outperforms those in the eurozone. "Though there may be some initial weakening against the euro, within six to 12 months the krona will be stronger than it currently is," said Mats Kinnwall, chief international economist at Svenska Handelsbanken in