Rising Dollar: More Swedish Exports
Swedish Radio News reports that in the midst of the economic crisis, the strengthening dollar is helping Swedish exports.
The dollar has rebounded in the past month against the Swedish krona, going from around 6 and a half kronor per dollar to just breaking the 7 kronor barrier.
The higher dollar means both more kronor for Swedish products, as well as a better competitive position, as the dollar prices of Swedish drop on the American market.
Swedish Radio News has spoken to export-oriented companies who report the rising dollar is making a difference.