Swedish central bank gov on the wires

  • if krona appreciates too much then Riksbank will act

Another heads up to our SEK traders following the decision earlier to keep rates on hold

  • -0.35% is not a floor for the repo rate
  • decision to keep rates on hold not related to oil price
  • it's important that demand in the economy is rebalanced
  • sees no signs that inflation will not accelerate
  • inflation not yet at the level desired

USDSEK currently 8.4160 EURSEK 9.6262