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SEK review

Quotes from RBC Capital Markets:

-SEK: Comments from Riksbank Deputy Governor Jansson overnight seem to confirm the central bank's QE programme will be reassessed on an ongoing basis and the SEK10bn committed so far is only a starting point.Jansson said the Riksbank needs to be prepared to do more and that it "can act between meetings".

-SEK is an important transmission channel and a sharp SEK strengthening would be "game over". Nonetheless, Jansson went on to say intervention would "not be reasonable" at current SEK levels.

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