Sweden's currency falls, economic growth misses projections

Source: Bloomberg
© Scanpix/AFP
Sweden's Krona dropped after the report concluded the largest Scandinavian economy grew less than anticipated last quarter. As a result the Krona depreciated 0.5% against the Euro falling to 9.2378. The Krona also dropped 0.6% against the Greenback today. The GDP climbed 0.2% in the second quarter, while overall the economy gained an annual 1.9% as compared to estimated 2.4%.
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