Tag: Swedish krona

  • Three scientists share the 2023 Nobel Prize in Chemistry

    Three scientists share the 2023 Nobel Prize in Chemistry

    © Provided by Xinhua This year’s prize winner “has managed to produce particles so small that their properties are determined by quantum phenomena. The particles, which are called quantum dots, are now of great importance in nanotechnology,” says the Royal Swedish Academy of Sciences. STOCKHOLM, Oct. 4 (Xinhua) — Three scientists, Moungi G. Bawendi, Louis…

  • Three researchers share the 2023 Nobel Prize in Physics

    Three researchers share the 2023 Nobel Prize in Physics

    © Provided by Xinhua “The three scientists have demonstrated a way to create extremely short pulses of light that can be used to measure the fast processes in which electrons move or change energy,” the academy said in a statement. STOCKHOLM, Oct. 3 (Xinhua) — Three scientists — Pierre Agostini, Ferenc Krausz and Anne L’Huillier…

  • 2 scientists share the 2023 Nobel Prize in Physiology or Medicine

    2 scientists share the 2023 Nobel Prize in Physiology or Medicine

    © Provided by Xinhua Through their groundbreaking findings, which have fundamentally changed the understanding of how mRNA interacts with the human immune system, the laureates contributed to the unprecedented speed of vaccine development during one of the greatest threats to human health in modern times, the committee said in a statement. STOCKHOLM, Oct. 2 (Xinhua)…

  • The Swedish krona weakens against the euro against the backdrop of an expected Riksbank interest rate increase

    The Swedish krona weakens against the euro against the backdrop of an expected Riksbank interest rate increase

    STOCKHOLM, Sweden: Days before the Riksbanken, Sweden’s central bank, is expected to raise interest rates again, the Swedish krona hit a record low against the euro this week. From September 15, the euro hit 11.995 against the Swedish currency, up around 0.6 percent. This year, the krona has been hit hard against the euro, losing…

  • The stream of gang murders across Sweden sets off the government’s crisis meeting

    The stream of gang murders across Sweden sets off the government’s crisis meeting

    © Provided by Xinhua At a hastily convened meeting on Tuesday, the police, the municipalities and the government’s Council against Organized Crime discussed how to break the cycle of violence. STOCKHOLM, Sept. 19 (Xinhua) — The Swedish government called an emergency meeting on Tuesday due to a recent escalation of gang violence across the country,…

  • Danske Bank: Women have more bank accounts before payday than men

    Danske Bank: Women have more bank accounts before payday than men

    Danes, on the other hand, have always been the most optimistic about their personal finances, followed by Norwegians and Swedes. Swedes, who are used to a higher level of consumption than Finns, have been negatively affected by the rise in interest rates, Janne LassilaDanske Bank’s acting director of consumer banking director, quoted Helsingin Sanomat at…

  • A cheap Swedish krona helps Finns stock up on midsummer goods

    A cheap Swedish krona helps Finns stock up on midsummer goods

    The number of customers of the state alcohol monopoly Haaparanta in northern Sweden has increased as the value of the Swedish krona fell.

  • Finland is the seventh most expensive country in Europe

    Finland is the seventh most expensive country in Europe

    – The significant price differences of alcohol and tobacco between countries are primarily due to different taxation systems. Harri KananojaStatistics Finland’s leading actuary. Of the 36 countries included in the price comparison, the highest consumer prices in 2022 were in Switzerland, Iceland and Ireland. Turkey ranked as the most affordable country. Within the EU, Ireland…

  • Function: More Swedes are seeking food aid in the midst of sky-high inflation

    by Patrick Ekstrand, Fu Yiming STOCKHOLM, Aug. 18 (Xinhua) — As food prices continue to rise, more and more people in Sweden, a Nordic country known for its well-developed welfare system, are seeking help with daily food. Since last spring, more and more Swedes have found themselves struggling with sky-high food prices and have seen…

  • The US dollar strengthened much more against other currencies compared to the Indian rupee

    The US dollar strengthened much more against other currencies compared to the Indian rupee

    New Delhi [India], July 16 (ANI): The extent of the decline in the value of the Indian rupee against the US dollar has been lower in 2022 compared to other major currencies. The US dollar index against six major currencies – the euro, the British pound, the Japanese yen, the Swiss franc, the Canadian dollar…

  • Russia cuts off electricity from Finland;  the industry group sees a NATO link

    Russia cuts off electricity from Finland; the industry group sees a NATO link

    The Russian state-owned company RAO Nordic cut off all electricity exports to Finland at the beginning of Saturday. Russian electricity is no longer coming to Finland, as the Finnish state-owned electricity company Fortum had already suspended the import of electricity to Imatra at the eastern border. The state grid company Fingrid had also restricted the…

  • How Swedish Prince Gustav traveled to Russia and never returned

    How Swedish Prince Gustav traveled to Russia and never returned

    The story had all the prerequisites for a romantic film: a destitute prince flees to Russia and wants to marry the tsar’s daughter. However, the story did not end so happily. And the truth itself can be more complicated. “Drunk with wine, Gustav threatened to burn down Moscow if they did not let him leave…

  • Sweden must maintain zero percent interest until 2024

    STOCKHOLM, 10 February (Xinhua) – Sweden’s central bank, the Riksbank, decided on Thursday to keep the reference rate at zero percent, despite a recent sharp rise in inflation. The Riksbank expects to raise the repo rate to 0.2 per cent during the second half of 2024. This is slightly earlier than in the November assessment…

  • The Volvo share rises after the listing

    STOCKHOLM, October 29 (Xinhua) – Shares in Volvo Cars rose more than 20 percent at the end of trading hours after the Chinese-owned carmaker’s stock market debut here last Friday. Priced at 53 Swedish kronor (6.17 US dollars) per share, the IPO was “significantly oversubscribed because it aroused great interest from institutional investors in Sweden…

  • Exchange rates for euros to other currencies

    FRANKFURT, 27 May (Xinhua) – The following are reference rates for the euro to other currencies of the European Central Bank on Thursday: One more euro: US $ 1.2198 Chinese yuan yuan 7.7808 Japanese yen 133.42 Danish kroner 7.4363 British Pound 0.86068 Swedish krona 10.1298 Swiss franc 1.0967 Norwegian krone 10.1953 Russian ruble 89.5360 Turkish…

  • The waiting day was not dead – it just slept

    The waiting day was not dead – it just slept

    Several heavyweight Social Democratic party districts want to abolish the qualifying period deduction for good, Ekot has reported. The demands are being driven ahead of this autumn’s party congress. The qualifying period in health insurance is one of Swedish politics’ oldest contentious issues. Right and left have been arguing about it for over half a…

  • The Riksbank is testing various solutions for the e-krona

    The Riksbank is testing various solutions for the e-krona

    The Riksbank wants to develop an electronic complement to ordinary money, a so-called e-krona, and has tested a solution based on so-called block chain technology. But the road to a possible digital Swedish krona is still long, says Mithra Sundberg, who is head of the unit for the e-krona project at the Riksbank. Today, there…

  • Exchange rates for euros to other currencies

    FRANKFURT, 22 February (Xinhua) – The following are reference rates for the euro to other currencies at the European Central Bank on Monday: One more euro: US Dollars 1.2133 Chinese yuan renminbi 7.8447 Japanese yen 128.00 Danish kroner 7.4365 British Pound 0.86530 Swedish krona 10.0315 Swiss franc 1.0888 Norwegian krone 10.3185 Russian ruble 90.9800 Turkish…

  • Exchange rates for euros to other currencies

    FRANKFURT, JANUARY 21 (Xinhua) – The following are the reference rates for the euro to other currencies at the European Central Bank on Thursday: One more euro: US $ 1.2158 Chinese yuan yuan 7.8552 Japanese yen 125.72 Danish krone 7.4395 British Pound 0.88625 Swedish krona 10.0825 Swiss franc 1.0773 Norwegian krone 10.2513 Russian ruble 89.6369…