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Swedish crown hits 6 1/2-year low against euro

Friday, October 28, 2016 - 05:50


SWEDEN'S crown hit a 6 1/2-year low against the euro on Thursday, after the central bank said the chances of another interest rate cut had increased and it was ready to expand its quantitative easing programme further.

The Riksbank has already slashed rates to -0.5 per cent

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