The Estonian kroon dropped to a 5-day low of 11.5673 against the greenback by 6:45 am Eastern Time Tuesday, compared to yesterday's New York session closing value of 11.492. The pair is presently trading at 11.54 with 11.83 seen as the next target level.

The Estonian kroon is pegged to the European single currency since January 1, 1999. The reference rate for the euro-kroon pair is at 15.6466.

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