1. A higher number on the index indicates a weaker krona. 2. A weaker krona against other currencies means sales abroad are worth more when repatriated. 3. A weaker krona makes Volvo products more competitive abroad and makes sales abroad worth more kronor when repatriated. 4. A weaker krona means exporters get more kronor from foreign-currency-denominated sales when repatriated. 5. A weaker krona tends to lead to a higher rate of inflation. 6. A weaker krona has kept the bank from lowering its key rate earlier this year, as a weaker currency tends to boost inflation. 7. A weaker krona means sales abroad are worth more when repatriated. 8. A weaker krona tends to accelerate inflation as it raises the costs of imports. 9. Ericsson AB said third-quarter profit more than doubled as sales of mobile phones and their networks soared and as the Swedish company benefited from a weaker krona. 10. Higher inflation can thus start a spiralling effect where a weaker krona leads to higher prices, which in turn weaken the krona. |