Foreign-exchange traders becalmed by central-bank largesse arefinding that even currencies from Group of 10 nations are about ashard to escape as emerging markets once volatility rises.

Norway's krone is the biggest loser among 31 currencies trackedby Bloomberg since June 18, the day before the Federal Reservesignaled it may reduce its stimulus measures this year, falling 5.8percent against the dollar and 3.2 percent versus the euro.Sweden's krona posted the second-biggest drop. The declinesexceeded those of the Polish zloty and Indian rupee.

As two of the three least-traded G-10 developed-nationcurrencies based on the latest triennial survey by the Bank forInternational Settlements, the krone and krona trapped investorswhile the Fed roiled markets worldwide. As long as central bankswere tamping down volatility by providing unprecedented stimulus,traders were confident to take ever bigger risks by wading intohard-to-trade currencies.