Ingves Says ‘Very Small Likelihood’ of Riksbank FX Intervention

Swedish central bank Governor Stefan Ingves signaled policy makers likely won’t act directly in currency markets to cap gains in the krona.

There’s a “very small likelihood” the central bank would intervene in the currency markets, Ingves told Swedish parliament today.

To contact the reporter on this story: Janina Pfalzer in Stockholm at jpfalzer@bloomberg.net

To contact the editor responsible for this story: Jonas Bergman at jbergman@bloomberg.net

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