Similar rumors have appeared in the Finnish press in recent weeks and despite an absence of any substantive proof to back them up, have refused to go away.
After various Russian-language websites – including that of the ‘Night Vigil’ campaign – published stories suggesting a devaluation of the kroon was imminent, banks have been seeing higher than usual numbers of customers asking to exchange their kroons for euros and other alternative currencies.
Night Vigil suggested that after devaluation, the exchange rate would be 24.6 kroons to the euro, against the current level of 15.65 kroons.
The Bank of Estonia issued a statement on Nov. 26 denying that Night Vigil’s claims had any basis in fact at all.
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