The Swedish krona continues to weaken and is now at historically low levels against the euro and the dollar, Ekot reports.

Today, one euro costs just over 11 kronor and 60 öre on the foreign exchange market. At the same time, Handelsbanken's currency strategist believes that the krona has been undeservedly pressured down recently. 

– We think the krona is undervalued and that also applies in the short term, so we see a slightly stronger krona ahead of us. We believe that by the end of the year it could come down to 11.20, says Lars Henriksson, Handelsbanken's currency strategist to Ekot.

Source: Aftonbladet.se