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Svanberg's comments were taken as a threat to move production out of Sweden should the krona be maintained.
The Canadian dollar, Danish krone and Iceland krona have gained about 3%.
If Sweden does vote yes, the krona will likely be history by 2006.
Sweden is expected to have a referendum on joining its krona to the euro as early as spring next year, with a poll recently registering 50% to 37% in favour.
Month-to-date, the Swedish krona , Hungarian forint, Czech koruna, and Norwegian krone have gained almost 5% against the dollar.
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