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1985 Nobel Prizes to Be Worth 9% More

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Associated Press

The Nobel Foundation announced Tuesday that cash stipends for the 1985 Nobel Prizes will be increased 9%, adjusting for Sweden’s annual inflation rate.

Spokeswoman Margareta Ehren said the 1985 prizes will be 1,800,000 kronor, about $200,000 at the current rate of exchange. Last year’s prizes were equivalent to $193,000.

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