Mon, 10 Jun 2013 10:32:07 GMT
Krona drops as manufacturing shrinks
The Swedish Krona depreciated to the lowest level versus the Euro in five months as the manufacturing activity suddenly shrank in April, creating pressure on the Sweden's central bank to cut rates. The Sweden's currency depreciated 0.44% to 8.7078 per Euro, almost five-month low, and was at 8.7001 at 10:35 a.m. Stockholm time, while the Krona slipped 0.6% versus the