Currency Traders Gird for Krona Risk in Sweden Vote Thriller
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With an election less than two weeks away, traders and investors are bracing themselves for something rarely associated with Sweden: political risk.
“The immediate election outcome and the period after could evolve into a political thriller that would justify a political risk premium being factored into the krona,” said Henrik Unell, a Stockholm-based senior analyst at Nordea Bank AB, the Nordic region’s biggest lender.