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Weak currency benefits some Øresund commuters

Swedish motorists are paying less than other drivers to travel across the Øresund Bridge due to the weakened Swedish kronaThe weak Swedish krona is benefiting commuters crossing the Øresund’s Bridge between Denmark and Sweden. However, only those paying in Swedish...

The weak Swedish krona is benefiting commuters crossing the Øresund’s Bridge between Denmark and Sweden. However, only those paying in Swedish kroner are getting good value.

The set price to cross the bridge by car is 275 Danish kroner or 345 Swedish kroner. But with the weakened Swedish currency, that translates to 234 Danish kroner with today’s exchange rate – a 41 kroner difference between the two prices.

Motorists paying with credit card do not have the option to pay the fare in Swedish krona if they do not have a Swedish credit card.

Helle Bech, from the Øresund Bridge Consortium, told financial daily Børsen that the company was aware that two different prices were being charged.

‘But there is nothing we can technically do about it right now because we must have agreements in place with the banks,’ said Bech.

Four percent of the traffic that crosses the bridge, or 270,000 vehicles, originates from outside Sweden or Denmark. This number peaks in the summer and Bech said that it was clear that those paying with an international credit card were not benefiting from the weak Swedish krona.

Bech said that if the currency valuation problem continued then the company would take a position on it, closer to the summer period.

‘Traditionally we have never been in this situation, but if it becomes long term then we must consider taking steps to do something about it.’

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