Norwegian Krone Hits Four-Year High Against Swedish Krona
The krone could appreciate further as energy prices rise amid geopolitical supply disruptions, Morgan Stanley strategists say.
1134 GMT - The Norwegian krone hits a four-year high against the Swedish krona and could appreciate further as energy prices look set to keep rising due to geopolitical supply disruptions, Morgan Stanley strategists say in a note. "Norway's net energy exports and Sweden's net energy imports provide…