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The central bank is ready to use the entire monetary policy toolbox, including the interest rate, Stefan Ingves, Governor of Sweden’s central bank, Riksbank, said on Wednesday.

Further comments

“Signs of recovery, but will take time.”

“Buying corporate bonds from September because important to have a presence in that market. “

“Will spread purchases in the corporate bond market widely.”

Market reaction

The EUR/SEK pair shrugged-off these comments, as it continues to trade choppy within a range below 10.50. At the press time, the cross trades flat at 10.47.