Icelandic krona slides to 5-day low against US dollar, Wednesday, September 24, 2008 5:47:03 AM
Against the US dollar, the Icelandic krona traded lower during early deals on Wednesday. At about 5:25 am ET, the krona declined to a 5-day low of 95.26 per dollar, compared to 94.67 hit late New York Tuesday. If the krona drops further, 95.7 is seen as the next target level.A report released by the Statistics Iceland showed that CPI rose 14 % on year in September compared to 14.5% rise in August.
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