In an interview with DN on Thursday, Riksbank Governor Erik Thedeen said that the weakness in the Swedish Krona (SEK) is unjustified. Key quotes 'We a
In an interview with DN on Thursday, Riksbank Governor Erik Thedeen said that the weakness in the Swedish Krona is unjustified."We are concerned about the development of the crown. It is not good that it is this weak, nor is it justified. The crown is undervalued.”
The Swedish Krona failed to find any comfort in the conciliatory remarks from the Swedish central bank Governor. The EUR/SEK pair jumped above 11.85 in an immediate reaction to his comments, currently trading at 11.8568, up 0.11% on the day.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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