Ingves Says ‘Very Small Likelihood’ of Riksbank FX Intervention
By Janina Pfalzer -
2012-09-18T09:28:53Z
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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