Swedish Krona Slides on Growing Talk of Riksbank Intervention
- Central bank's warnings not an `empty threat': Danske
- Level of about 9 to 9.1 per euro seen triggering action
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Sweden’s krona is on track for its longest run of declines versus the euro since August on speculation the nation’s central bank is on the verge of intervening to pull its currency back from near a 10-month high.
The krona has weakened against the shared European currency for the past four trading days, and dropped the most in almost a month on Tuesday. It’s still up 4 percent versus its peer since mid-August.