The decline of the Swedish krona continues to a new record low. One euro now costs twelve kronor on the foreign exchange market, reports TT. 

This year, the krona has lost just over 7 percent against the euro. Over the past ten years, the decline has been almost 40 percent.

– During the rest of the year, the krona will be weak, there is nothing in sight that would change that, says Jens Magnusson, chief economist at SEB.

Source: Aftonbladet.se