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Swedish Krona Weakens Against Euro After GDP Growth Revised Down

Sweden’s krona weakened against both the euro and the dollar after second quarter gross domestic product growth was revised down to an annual 1.3 percent from an earlier 2.3 percent estimate.

The krona weakened 0.59 percent against the euro to 8.5871 and depreciated 0.26 percent versus the dollar to 6.5883 as of 9:50 a.m. in Stockholm.

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