TeliaSonera's Declining Stock Price Partially Attributable To Currency Fluctuations
Power Hedge • Thu, Oct. 9
- Currency fluctuations can have a significant impact on foreign investments.
- This is because the stock price is typically denominated in a foreign currency so the value of that currency relative to the dollar affects how Americans value it.
- TeliaSonera's stock price has been driven down partly due to the USD rising dramatically against the Swedish krona.
- This could represent an opportunity for investors due to the stock's high dividend.