51. The Swedish krona was also off a bit after European elections in Sweden that were a success for Euro-skeptics. 52. The Swedish krona was weak on the breakthrough scored by anti-EU forces in the Sunday European elections. 53. This explained why the Swedish kronor had fallen against the mark, Cunningham said. 54. On the markets, the Swedish krona weakened and long-term interest rates rose sharply in response to the political uncertainty. 55. On Monday the mark had risen to record high points against the lira, peseta, the French franc and the Swedish krona. 56. On Thursday the prime minister had considered inviting the Centrist party to join his minority government to try and restore confidence in the economy and the struggling Swedish krona. 57. Other EU currencies outside the system are the Greek drachma, Swedish kronor and Finnish mark. 58. Sharp falls in the value of the Swedish krona and the US dollar have swung the competition in favour of Swedish and American producers, according to Enso. 59. Some other weak currencies, such as the peseta, the Swedish krona and the lira, also rallied somewhat after dropping on Monday. 60. Sterling, the French franc and the Swedish krona fell to record low rates against the mark in initial trading. |