Nobel Prizewinners to receive more money

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Nobel Prize winners will receive one million Swedish kronor more in prize money this year, bringing the total to $985,000, says the Nobel Foundation.

The extra cash is not as valuable as it might have been in the past, as the Swedish kronor has lost ground against the American dollar and the euro in the last year.

Nobel laureates will be announced from October 2 to 9.

Category medicine-physiology traditionally kicks off the awards, followed by physics, chemistry, literature, peace and economics.

The prestigious awards were traditionally handed out on December 10, the anniversary of the death of the prize Founder and dynamite inventor Alfred Nobel (1833-1896).

The Nobel Peace Prize is the only one that is not awarded in Stockholm but in Oslo.
(dpa/NAN)