The Estonian kroon edged down against the US dollar in early trading on Wednesday. The kroon dropped to an 8-day low of 11.8999 against the buck by 2:50 am ET. Thereafter, the kroon gained ground against the dollar and ticked up to 11.7998 by 7:15 am. The dollar-kroon pair that closed yesterday's trading at 11.792 is currently worth near 11.84.

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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