Lucy Meakin writing for Bloomberg:
Swedenâ€™s krona is becoming the new Swiss franc for investors seeking higher interest rates in a growing economy that has a trade surplus and falling debt load.
Itâ€™s the best performer in a basket of developed-market peers since June, with a 3 percent advance, about twice that of the second-place Norwegian krone. The median of economist estimates compiled by Bloomberg is for Swedenâ€™s economy to grow 1.2 percent this year even as the euro region contracts. Truckmaker Scania AB (SCVB) says the currencyâ€™s appreciation wonâ€™t stop it from boosting capacity.
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