Sometimes you have seen beyond yourself

In their recently presented annual report, the International Monetary Fund's (IMF) experts present their analyzes of the financial imbalances in the world economy and how the world's currencies are valued. They believe that the Swedish krona is currently the world's most undervalued currency, minus 17% according to the REER gap measure.

The real effective exchange rate (REER) is the weighted average of a country's currency relative to an index or basket of other major currencies.

The IMF's economists believe that if you look at the Swedish economy and what the Swedish krona should actually be traded for, the krona's exchange rate is unjustified weak. Swedish economists also believe that the Swedish krona is out of balance with economic fundamentals.

For us personally, a weak Swedish krona is better because all our holdings are in USD. Despite this, I hope for the Kingdom of Sweden that the Swedish krona is strengthened.