More Currency Intervention Madness: Sweden Draws Line in Sand with Euro
January 4, 2016Spread the love
Bloomberg reports Sweden Seen Closer to Krona Intervention to Tame Exchange Rate . Some of Scandinavia’s biggest banks are warning investors not to underestimate the risk that the central bank is preparing to intervene in the currency market. Nordea and SEB both say the Riksbank won’t allow the krona to strengthen beyond 9 against the euro.
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More Currency Intervention Madness: Sweden Draws Line in Sand with Euro
