Swedish Krona hits low against euro amid expected Riksbank rate rise

STOCKHOLM, Sweden: Days before the Riksbank, Sweden's central bank, is expected to again raise interest rates, the Swedish krona hit a record low against the euro this week.

From September 15, the euro hit 11.995 versus the Swedish currency, up around 0.6 percent.

This year, the krona has suffered heavily against the euro, losing some 7.5 percent of its value.

Against the U.S. dollar, the krona ha