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Home » UPDATE 1-Swedish crown hits record low against euro ahead of Riksbank decision

UPDATE 1-Swedish crown hits record low against euro ahead of Riksbank decision

    The Swedish crown sank to a record low against the euro on Monday, days before the Riksbank is expected to raise interest rates again. Sweden's currency has suffered heavily against the euro this year, losing around 7.5% of its value. The Swedish crown also weakened to as much as 11.251 per dollar on Monday, its lowest level since last October.

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