A desirable tool for the Swedish central bank

The Swedish krona continues to lose value against the world's major currencies. This morning the combined value of all our holdings hit an ATH thanks to the weak Swedish krona alone.

In addition to the value of the holdings, the weak Swedish currency also affects our dividends. The result is that we get more kronas for every dividend dollar. We are still waiting for about 23% of this month's estimated dividends. Unless the Swedish central bank finds Harry Potter's wand and enchants the world to believe in Sweden and its finances and thereby strengthens the Swedish krona, the outcome will be about 2% better than the forecast.