Wednesday, June 6, 2007

Iceland Krona Gains More Than Any Currency Against Euro on Current Account

(Bloomberg) -- Iceland's krona gained the most in
two weeks against the euro after an economic report showed the
current-account deficit narrowed more than forecast.

The krona strengthened more than any other currency against
the euro and dollar after the central bank said late yesterday
the current-account gap more than halved to 28 billion kronur
($444 million) from the same period a year earlier.


Read more at Bloomberg Currencies News

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