The Swedish krona and monetary policy

SPEECH - Speech by First Deputy Governor Heikensten, of Sweden's central bank at Seminar, Credit Agricole Indosuez on 5 September.

The whole speech

Over the past year the Swedish krona has weakened markedly. Both we at the Riksbank and other players in the currency market have been surprised by this. In that the exchange rate is an important factor in our assessments of future inflation, it also plays a part in the direction of monetary policy. The fact that, for the first time in years, the

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