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Tue 10 Oct 2008Krona falls 45% against euro as financial trading put on hold
ICELAND COLLAPSE:ICELANDERS WERE keeping their cool yesterday as the krona fell to its lowest level against the euro and trading across the financial sector was put on hold.
Shares and other financial instruments in Kaupthing, Landsbanki and Glitnir were suspended along with those in Exista, the investment company, Straum Burdaras investment bank and Sparisjodur Reykjavikur, the savings bank.
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