Currency Traders Punish Riksbank as Extra Stimulus Is Withheld

Updated on
  • Krona strengthens as Riksbank opts against rate reduction
  • Riksbank says it's ready to deliver more stimulus if needed

Riksbank Is Happy With Krona's Level, Ingves Says (Video)

Sweden’s central bank was punished by the currency market, which drove up the krona after policy makers shied away from delivering additional stimulus measures.

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