Riksbank’s Ingves: Appreciation of the Swedish krona not a cause for concern

Riksbank, the Swedish central bank, Governor Stefan Ingves said in a presentation on Thursday, the recent appreciation of the krona exchange rate “has not been a core issue in recent months for us.”

Additional quotes

“We still expect inflation to slowly move up to 2% target.”

“Willing and able to do more both in expanding our balance sheet and with key rate if needed.”

“Planned corporate bond purchases are another layer of protection.”